Picks that were triggered:
OCLS - "This stock's a buy a over the $3 mark for a continuation play." - Nice gain of around 31% on the buy today with a close at 4.10.
SPRD - "This appears to be setting up for a potential buy over the $2 breakout point." - We are sitting at 2.01 right now, so I need to see a strong move over the 2.05 mark tomorrow morning with good volume to buy into this sucker for a nice move.
CHS - "I'd really like to see a small pullback here in to the low $9's and pick up some shares for a run to $10 and above on this multi-month breakout." - Good time to do it at the end of the day when the rest of the market was selling off. We'll see how the stock acts over the next few weeks.
Picks that were not triggered:
SFIO - "This scammer has got an easy breakout buy over the .20 mark." - No such move today, but we did get a close right at the .20 mark today. If we get a break tomorrow, be ready to buy, buy, buy!
CVRG - "I'm a buyer here over the .20 mark...just like SFIO for a continuation breakout for a small penny stock scammer." - No such move today, and it actually backed away towards the end of the day today...we'll just have to see what happens tomorrow.
Today was quite an interesting day for the Dow. We had such a great day yesterday that I thought coming in to today that we would just sell off lightly. The major indices were on track to do just that, but soon in the afternoon, a support line that was clearly drawn from the morning session was broken. This led to a quick downfall of almost 200 points, erasing everything we had gained from yesterday. GM bankruptcy news was the big item to talk about today on the Street. It figures, though. Days like today make me think we will break that 8,200 support line before the 8,600 resistance line in the weeks to come.
Alrighty, let's move on to some picks to watch for tomorrow...here they are:
OCLS - It was a buy comign in to today, but now I think the play has turned into a short. This stock at $4+ is just too overbought for me. I think it should retrace back to around the $3 mark...that is a better value in my eyes.
ANPI - Nice breakout ove rthe 1.60 mark today. The stock was looking at a triple top, but now it finally was able to break through. I'm a buyer here if a good price can be taken early tomorrow. We can only wait and see.
KERX - Nice breakout day for this stock. I'm not seeing any fundamental news to support this move either. Just technicals, and that can possibly leave open a short trade tomorrow because today was just overbought on hype.
JAGH - Two consecutive up-days...nothing much else in this then just a short on green to red action. It hsould be worth at least a quick 10% or so.
Sometimes I need help finding that fifth play...anyone got any help for me? Leave a comment if you got an idea...it'll help us all!
MK
2 comments:
sprd is owned kid 1.58 after announcing earning doesn't seem like a good play anymore MK
Anon - that's a rough break but that's the exact kind of thing that makes people trade in the first place. If you don't want constant risk, don't be a trader. Plain and simple if you ask me.
MK
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