Trade Ideas: MRK, PPDI, MRK, LAMR, BUD, BBBB, WEBX, FSH

Although markets lost even more ground, there was actually greater strength to be found in stocks (as per my Trade Ideas scan). The following selection of stocks covered 2 hours of the software. The most frequent stock to appear on the list was FSH (10), then came WEBX (4) and LAMR (4).

The best buying opportunities on a risk:reward basis look to be PPDI and LAMR.

PPDI: Run a stop on a loss of $35.16 and look for a move to $41.

LAMR pulled back to trendline support (and the 20-day MA). Stops on a loss of $55.85 for a price target of $75.





If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

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