going over charts , i noticed some bottom formations in URA , FCX , COPX , [inflation plays] which look interesting.
The other day i was lucky to have some BABA when they reported earnings.both BABA and YHOO shot up on big gaps.i sold BABA because of the gap , but they followed up on the mo,now yesterday both started an intraday turn down,from very overbought.and it remains to be seen how much they back off.
at the next oversold spot i will buy both. YHOO has a double bottom target of $45 and BABA a triangle target of $115.