VIPS, Chinese IPO name had a daily chart break out in a down day on heavy volume. Notice how the stock trended up all day off 5 minute 9 EMA, breaking flag after flag along the way with new highs. The stock came to my attention late in the day around 2:30 . I had …
HGG had a nice day on Thursday as it finally managed to close over 200 day moving average on strong volume. I was interested in this stock due to the fact that if has over 28% short interest. With that high short interest stock can easily go for a continuation run next day. It also …
YPF had a big day today with over 10% gain. We swing traded YPF from 15.70’s yesterday and took profit this morning at 16.50. Decent gain , however , on the intraday chart it gave fresh buy entry many times. I passed it all day as i became emotional for selling too early. We all …
Evening folks! Here is the review of the market indexes and what I think can happen next week! The market has been up 8 days in a row which i havent seen happen in many years. Its a good ole fashinioned bull run which is why you saw me step up the …
BRLI 30 was in my watch list forever and last night I placed it on our watch list as I felt it was coiled enough and ready to make a move. This morning it opens over 30 at 30,09 and made a huge spike to 30.10. It was very hard to catch if you were …
Russell 2000: +1.37% S&P 500: +0.95% Nasdaq: +0.29% It was a nice week in the stock market overall. Even though the indices flat lined most of the week, the price action was strong. Even during the market consolidation, there were breakouts happening all over the board, which tells us that speculative money is coming into …