With the rapid growth of online stock and options trading came a wave of online discount brokers. However, not all online brokers were created alike. In a race to the bottom for the cheapest online trading fees a few online brokers took it to the extreme. Tradeking was one of pioneers in the industry, introducing low stock and options trading fees of just $4.95 plus .65 per options contract. Discount brokerages have revolutionized online stock trading.

Today’s scan highlights VMware (NYSE: VMW), China Natural Gas (NASDAQ: CHNG) and Under Armour (NYSE: UA). The scan targets charts exhibiting both upsloping and downward sloping channels with multiple trendline touches. Follow these channel charts for favorable long and short entry points.

Today’s chart scan targeted Visa (V) and Ultra Long Treasury Bonds 7-10 years (UST). Visa has been very weak as of late on concerns of congressional legislature capping debit and credit card fees. Downgrades are sure to come as Visa approaches major support levels. Ultra Long Treasury Bonds (UST) chart has been strong with multiple touches of the upsloping support line. Watch as UST resolves its bullish triangle pattern.

Today’s chart scan includes Weatherford (WFT) and Crown Castle (CCI). Weatherford has been in along term downtrend, but has insider buys within the last 8-months near current prices. Crown Castle has been holding up well during a tough market and looks poised to breakout. CCI will benefit from communications infrastructure build out.