Stocks that I am watching January, 16th 2013

by Mark Williams on January 17, 2013

Charts are courtesy of Stockcharts.com

lee-chart

I like to trade breakout/consolidation patterns with stocks. In the case of LEE here, there was consolidation as well as a bottom, a very bullish candle the day before, and a candle showing indecision (doji) right now.

The rest of the charts that I am going to showcase here also display traits similar to that above.

IVAN showing consolidation
IVAN showing consolidation
MWA chart showing consolidation and uprange
MWA chart showing consolidation and uprange
Consolidation pattern
Consolidation pattern

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