DNDN- coming off a bottom.. on watch for r/g move NCT- breakout chart over 7.31 ALNY- r/g watch PRKR- might need few days rest, but love this chart HTZ- short setup if that 12 breaks QLGC- rubberband snapback watch S- breakout watch over 3.48 MNI- rubberband snapback watch LSCC- short watch below 3.49 DYAX- parabolic …
Nice pop to finish the week for the markets. We saw signs that a bounce was coming on thursday with many stocks reversing and bouncing hard off lows. We added a few stocks to swing on thursday for overnight holds. After selling those off there really wanst much action the rest of the day …
Evening folks! Hope everyone is having a great week. Friday the 13th is upon us! Lets finish this week strong. Trading has been fun all week. This is a great market for traders. Often times the tape will lul you to sleep and then bam though the market starts moving and shaking and …
Market gapped down 100 points this morning only to recover sharply by the end of the day. Anytime you get in the oversold category in the market you can expect rallies like this. Just as we stated yesterday, we added a ton of long positions today expecting a short term bounce in the markets over the …
The market is oversold shorterm, we are at major support zone, alot of stocks on my scan are looking ready for a snapback. Great risk/reward for us to add long stocks in our portfolio at this point if we see signs of a bounce. If we do bounce, these are my top plays on the …
We woke up to a nice market gap this morning only to fill the gap all day and close red. The bears are still in control. Here is a look at my view of the market.. next support is close by around the 1333 level. Thats the area I am watching to see if it …