TradeStation going by the symbol TRAD just popped out of a "handle" in a cup and handle. Buying up to $16.85 is OK, but beyond that is a little risky. This follows the rules of Investors Business Daily. click on the education tab which is free on the website.
Keep a watch out on ADM and ANDE. My software spitted out a buy signal on both of these and I believe these would be good long-term trades. There is a link to the software going by the name of Metastock on the right hand side of this blog. For some reason, it is clear at the bottom of the blog and not next to the latest blog. Don't know exactly why, but at least you know where to find it.
Good luck trading.
JD
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