szaman $FU is a Chinese, low float momentum name that went from $4.50 to $11.50 in two weeks. On Thursday, the stock finally showed some weakness due to some news. We shorted the stock on 09/26/13 at $10.55 as it broke the uptrend line and cover our shares at $9’s. The stock continued to go down …
Four days of range bound action continues in S&P-500. This should have a resolution soon, given the action in small cap Russel, Bulls might have an edge. Even though Market in a range, price action in individual stocks remain strong as we are having another super week in Bulls chat room with $1747 gains today …
Bounce and fade day in the Market. SPY break below today’s low could try 168 area.A break above today’s high will bring the momentum for bulls. Great start of the week in Bulls chat room. We had two killer back to back days with a total of $6446 in gains. Kunal calls out the plays …
Sell- off day on in the Market on Friday. S&P-500 managed to hold short term support 8 EMA with some strong support at 169.50 area. below 169.50 Market has 20/50MA support not that far away. Decent week in the Bulls chat room with $4716 gains for the week. If you are interested in trading these …
Pause day in the Market. Healthy action so far as few sideways days would setup new alerts for later. Pretty much everything that was supposed to break out did breakout so far.VIPS,DSX, EGLE, ALNY, EJ, HIMX, KNDI, TASR few movers from this weeks watch list. Hope you were able to trade then and banked some …
Another rally day in the Market as it holding onto the gains well so far. Tomorrow should be an interesting day as traders will be eying on FOMC tapering decision. We might rally on the morning and slowing off and a volatile afternoon. I found way too many long setup during tonight’s scans. This names …