Today, leading energy stock ConocoPhillips (NYSE:COP) is declining lower at the start of the trading session. The decline is coming after Warren Buffett disclosed that he cut his stake in the energy giant. Short term day traders can watch for intra-day support around the $72.70 level. This is an area on the chart where the stock could see an intra-day bounce. This level is only good for today.
Canadian Solar Inc. (NASDAQ:CSIQ) has run into a major double top from 2010. This is a classic swing trade short as a pull back is now expected. The stock has run from $1.95 to $33.25 in less than a year. This is an epic move of 1600%. A likely pull back target would be $26.00. ...