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Minyanville's T3 Morning Market Call: Rally Broadens on Fiscal Cliff Optimism

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Take a look at the movement in Apple, Western Digital, United States Steel, and more.

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Trades on the Radar

Facebook (NASDAQ:FB) has been a bit choppy since putting in a recent pivot high of $28.80. Overall, this stock is hanging around well as it consolidates in a new channel. FB could be basing for another move higher above $28.40-28.88.


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The Oil Services ETF (NYSEARCA:OIH) put in a potent bar to the upside today as it closed Tuesday on highs, up 3.21%. This sector has been largely out-of-play this year as it has not been able to sustain a move higher this year. Perhaps Tuesday's igniting bar could put this group in play, but it needs to build on yesterday's momentum.


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(Compiled by Vicki Haddow (on Twitter and Stocktwits @ChartgirlT3Live).)



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No positions in stocks mentioned.
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