Trading BRCM MMM CPLA
I took some trades long in MMM- 3M Co., BRCM - Broadcom Corp., and have CPLA - Capella Education Co. on watch.
MMM is breaking out of a cup and handle trading pattern here. Earnings are in a couple of weeks. 93 seems a reasonable target.

BRCM is another cup and handle. I entered on the 7th bar buy signal using the 15-min chart. This stocks looks capable of hitting 34.


CPLA has touched 50dma support. I’m searching for strength, and a buy signal before taking it long here. Short on a loss of 50dma support with appropriate sell signal. 100% retracement on the pullback, cuts the odds for the long side to work.





Leave a Reply