Big day.. or was it? Volume was a little low considering the gain in the overall markets and we finished fairly well off the highs. As usual, stay nimble.
Latest from the Watch List:
Swings that stopped out today:
APKT Short for 6.46% gain
BHI Short for .42% loss
Currently swinging:
RAX long at 40.62
PNM long at 16.01
ARIA long at 9.61
VVTV long at 7.26
NUVA long at 34.30
FOSL long at 108
TIF long at 73
DGX long at 59.4
New additions to Watch List: (see spreadsheet for details)
AVGO – Looking for break out of consolidation in overall uptrend.
CMG – Needs to get out of channel.
UTEK – Move out of falling channel and descending trendline
DAR – Currently testing recent highs. Tight bollinger bands setting up.
MPEL – Above horizontal resistance
CROX – Setting up for what appears to be a loosely formed ascending triangle
MCO Building out a flag
