Fun days these days. Nice start to the quarter. Didnt really see any redflags in the markets…breakouts were working lot of stocks were romping and spec money was flowing (vrng). This is one of those rare times in the markets where things flow easily and your mistakes/sloppiness get covered up easily. It wont …
HBAN- break of 6.58, nice volume expansion VRNG- on watch for red to green move first thing in the morning ARSD- breakout over 10, nice close on the stock INXN- stock is flagging, watch break over 18.32 IMOS- pennant flag forming. break over 18.8 should start a run, then 19.37 for top of the flag …
Market index performance 1st quarter Nasdaq Comp: +18.67%Russell 2000: +12.06%S&P 500: +12% Wow what a quarter! One of the strongest in memory. This has been one of the better runs ive personally seen in the market since ive been trading. Like I been telling my guys this type of environment are those times your …
Evening folks! market dipped today…it happens nothing goes up forever. The dip was small and light there were was some damage to some individual stocks but heck my watchlist was near 50 stocks today. Lot of strong momo stocks have finally pulled back a bit to spots where they might get fresh buying and …
ALSN Recent IPO, watching 24.18 area . CAAS Selling stopped at 20 SMA. Could work for a trade if green tomorrow with stop below todays low. DAKT Stock seems to be bottoming here. Watching 8.93 area for a quick trade. DTLK Over 9.70 could be good for a trade. EMKR Like …
Evening folks! Nice digestion day in the markets after such a big pop its good to have a few flat days. The action during the day was pretty much range bound till the last hour when market took out lows and dropped quickly. Besides soc media and rare earths it was pretty dry for the …