I sent out posted a chart on VZ on the site but will add it here also, the ksy here in VZ is understanding why your in a stock, This is a great example of a pattern playing out, but looking for a breakout before the pattern is complete. Right now if I was did not have and entry on VZ i would be buying more , but would be caution of a small flush to take out some stops under the lower trend line. Currently I am holding 1400 shares of VZ at an Average 30.28  I will add to these shares anouther 600 -800 on and if we pull closer to 28.50, I am just worried we might not get there cause we are now currently on the lower trend line. If you are looking at support on VZ this is definately the area to be concidering to enter.

Scenerio: Looking to add 700 @ 28.70 that would bring cost average down to 29.75 The target trend line above would be around 30-30.30 but then we have the break higher

 

 

BLK starting a new position with  230 target 50 @ 215

DELL hitting short term target  could take profits here

SY still looking for 42 but again lock in and protect profits

XOM set up to break out

INTC should not pullback to much now that i am seeing trend start Easy trade to 21-22

DTRS

 

Dont forget to check out the New Forum at www.daytradernation.com