Dream's Trade Ideas 07.08.2013

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    Copyright 2013 Dream's Trade. All Rights Reserved

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    Discover Financial.

    (DFS)

    $50.14 Breaking In defense mode DFS is ready to test the high with

    ranging price action. Entry $49.50

    with volume.

    DFS had very good last earning report and its

    business continue to grow and competing with

    the V and MA. V is leading the credit card

    business now and its stock in good shape.

    Visa (V) $188.10 New high

    Reversing

    on volume

    Breakout fail Visas price action has been Bullish

    for a long time, but a rare seen

    weak price action is a warning for

    near-term. Long-term intact.

    Years of strong earning and growing and not

    showing sign of slowing down, this is what

    people look for as a Bull Stock.

    Wells Fargo (WFC) $42.83 Probing

    higher

    Bull flag breaking

    out above $42

    Strong price action and ranging

    amid market correction.

    Steady banking company as usual.

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