Charts of interest: AEO,CHRW, NEM,INTC,KSS,LUB,QLGC,T

CHRW consolidates at support. NEM breaks short-term resistance. KSS breaks wedge resistance with volume. Plus AEO, INTC, LUB, QLGC and T

110217aeo

110217chrw



110217nem



110217intc



110217kss



110217lub



110217qlgc



110217t



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This commentary and charts-of-interest are designed to stimulate thinking. This analysis is not a recommendation to buy, sell, hold or sell short any security (stock ETF or otherwise). We all need to think for ourselves when it comes to trading our own accounts. First, it is the only way to really learn. Second, we are the only ones responsible for our decisions. Think of these charts as food for further analysis. Before making a trade, it is important to have a plan. Plan the trade and trade the plan. Among other things, this includes setting a trigger level, a target area and a stop-loss level. It is also important to plan for three possible price movements: advance, decline or sideways. Have a plan for all three scenarios BEFORE making the trade. Consider possible holding times. And finally, look at overall market conditions and sector/industry performance.

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