Nasdaq: -0.13% S&P 500: -0.24% Russell 2000: -0.65% We have a 4 day week this week because of good friday so we need to hit our goals a day faster this week! Cyprus will still be front and center on the markets. Overall we handled the news pretty good as the market came back …
NQ was on last night watch list as a bounce play. Stock had huge volume run up to 10.67 and severe pull back without any bounce and down for 6 days. As it approached 20 SMA/20 EMA on daily chart, i was eying the stock for a bounce soon, somewhere either around 20 EMA or …
Read more$NQ: Strategy to play bounce after severe sell off.
$SLCA gapped up nicely on good earning news today. As you can see on the daily chart, the stock gapped open at $20.94, over both rising 20/50 MAs and not too far off the daily break level of $21.50.It quickly proceeded over the $21.50 breakout area. For this type of play, I usually wait for …
Here is this weeks market recap and analysis of indices [screencast url=”http://screencast.com/t/bT1OFvUgHq” width=”” height=””]
We traded $EDAP in the chat room Friday for big gains. The stock was my watch list as it was pulling back on low volume after a big volume run. As you can see on the daily chart, on 02/01 the stock gapped up over the 20 MA and broke out of the flag pattern. …
We traded $ENOC Thursday in the chat room. We have been watching this stock for a while as it was getting ready for a narrow range break out on the daily chart. Stock reported goodd earning on Thursday and opened up with a quick spike move in the morning. Impossible to catch the open move. …