To the untrained eye, or even the casual observer with knowledge of markets, a trend follower will always look wrong when he enters a trade. We learn to live with it. It’s already part of the deal as a trend follower that you’re going to be wrong more often than you’re right. To the uninitiated …
Tag Archive: blue sky
Mar 03
Long Nike ($NKE), Range Resources ($RRC)
Here’s two names I want to enter long at Monday’s open. Nike ($NKE) Nike ($NKE) has been mentioned a couple of times today in the weekend reviews, I’ve seen several well-respected commentators talking about it and I have to agree it’s setting up very nicely for an upside break. These are the kind of setups …


Jon Boorman, CMT, is a market technician, analyst, and trader with 25 years experience in global equity, forex, and futures markets. He employs trend following and momentum strategies to generate actionable trade ideas.