InvestorsHub Logo
icon url

top_professor

01/07/13 12:15 PM

#94174 RE: swingtrader111 #94166

I think it will close in the low 530's, still have the second half of the day. Although the way it's been trading, I can see it closing higher than $530's. So far, it's been a nice reversal.

$560 print I can see this week, $540 is a strong resistance, if it can close above that by end of this week then I see the same pattern for the following week, $550-$560 would be a nice floor going into earnings. Hopefully after earnings, no more $500's.