Friday, December 19, 2014


Santa Clause has cometh.  That said, I'm not crazy about buying breakouts here.  Given the sell off that we've had over the past few weeks, I believe mean reversion trades are the way to go.  VIMC fits the the bill.  It has a nice tight trading range, which was followed by an range expansion. If this going, It can move 20% or more. 

VIMC has set up nicely
Entry 6.24
Stop 5.50.

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