We here at Bullsonwallstreet have a new feature, Ticker Reviews where you can submit any ticker of interest and I will personally review them for you. Recently, we had a whole slew of requests and so I wanted to review the hottest ones. This is a great way to get inside my head on how I dissect the stock from different angles and share some valuable information with my students.https://www.youtube.com/watch?v=sjHg0WM5-_k
NFLX
My student Joel asked whether I would go long on NFLX. NFLX is an interesting stock because after the big dump in the technology sector, NFLX had a low volume bounce. It got smoked again after its bear flag. This is a stock that we cannot long just yet. Although the longer term trend is strong, on a short term basis NFLX is very bearish. We don't have any evidence that the previous support level will hold on a short term basis. If I were to long it, I would definitely stay away for it until it develops into a pattern. It needs to essentially begin trending again before taking it long
C
Andrew sent me a message about C, Citigroup. Bank stocks are slow, with a float at 3 billion shares. But on the long term basis it is really bullish. It had a flat top breakout after testing it multiple times. One way to tell if it can move higher is to ask what's its first pullback and makes a higher low. Once it flags out again, it breaks out indicating that its a really solid chart for a higher move.
Gold
Robert asked me about Gold such as NUGT and JNUG. Gold's long term chart is really muddled. When a stock is just in a range moving back and forth, it doesn't give you an edge. The moving averages are criss-crossing, not doing anything. �Gold has just been in a nasty range for a long time. Even on the 3X ETF NUGT, you can see the same �behavior. At the moment there's no reason to long this, but if it breaks support it can provide a great shorting opportunity down to $21.
ZENO
Alex asked about ZENO, which is something I would stay away from. There's no volume in it, dying out after its huge run. Once these stocks die, they die for a long time. I would look for something better, but if you're in it now I would just leave it with a stop price.These are just a few of the many stocks that students have asked me to review. Watch the video to get the full scoop. If you have a ticker request that you would like to have reviewed, submit them over at our Personal Ticker Review. For everybody else, if you�re not sure of the setups and price patterns that we�re talking about you can learn them all here at our Bulls Bootcamp. It's an�intensive�60 day course to teach you exactly how I trade and why. To learn more or signup, email me at�kunal@blog.blog.blog.bullsonwallstreet.com�today!
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