Loads and Loads of IPOs (Setups That Is)

One more day of trading left in 2013 and the overwhelming theme for me recently has been the IPO market. Perhaps this is all due to the overwhelming success (the last two days not withstanding) of Twitter, but my scans have seemingly been overpopulated by IPO bases for a few weeks now. I have traded some, but haven’t held them as I am still wary of a correction to start the year, something I will discuss in my next post on Wednesday. I really don’t know if all of these bases I am seeing in new names is a good thing or a sign of froth. The biggest problem with most of the charts below are that they are very, very thin and can trade in spastic ways….

via Chart Swing Trader:

One more day of trading left in 2013 and the overwhelming theme for me recently has been the IPO market. Perhaps this is all due to the overwhelming success (the last two days not withstanding) of Twitter, but my scans have seemingly been overpopulated by IPO bases for a few weeks now. …

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Loads and Loads of IPOs (Setups That Is)

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