Notable Tuesday Morning With Dell, USO, FB, FCEL
Dell closed yesterday with a TDCombo 13 on the daily chart. Upside with Dell is currently low at approximately $12.60 based on the nine day moving average. I will wait for further weakness to enter into a long position.
Facebook is due for a dead cat bounce either today or tomorrow. Scaling into a long position, especially a fade with options should be profitable for a short term swing trade.
FuelCell reports at the close today and I am expecting it to be earnings, and to guide higher. Highly speculative play that I will likely buy a few shares.
USO climbed yesterday and I expect short-term support and a possible filling of the recent gap before resuming further new lows.