We’re still in this choppy phase which as I mentioned last time, means you should secure your profits quickly.
There are nevertheless a number of decent setups which you should be aware of, ranging from post-earnings gap-ups, to decent looking consolidations.
Something I forgot to mention in today’s video was the China stocks. SOHU and NTES both reported yesterday to an unimpressed market, so they’re no-go’s. SINA (earnings 23rd February) and QIHU (earnings 4th March) are still basing nicely but without OVI co-operation. If nothing else just observe them over the next few weeks simply because the patterns are interesting.