i got interrupted and had to take daughter to school & honestly, im not finding great set-ups as i like to trade near pivots… plus, i drove to Bay area & back since the tuesday class. i dont trade when im tired.

CWCO is a water stock, pays a small divvy. it tested lower TL support yesterday, which would have been the buy point. im looking for a PB near the 27.69 level to go long. the gap up this morning did not provide adequate R/R of 3:1 to the target of 31.96 (just under round number R). an entry closer to 27.69 allows me better R/R to the ST target of 30.35 and then to 32.  these is also a diaganol TL from the March lows up through yesterday’s low.  at somewhere near 28.20, ill place a stop near 27.44 for .74 risk (more than i like) and 3.80 profit to 32. thats over 5:1., but will be lower if i take partials – note Slow Stoch are turning up. also, infrastructure plays & commodites have been strong

QID (2x invese NDX short is a potential play also) 2B (double bottom) yesterday & as i edit this post the SMH is at Resistance

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