jmalone1224
Long

Not for the weak-hearted

93 1 0
There's been a lot of chatter surrounding St             Judes Medical as of late and, to play on that, $KIPS looks primed and ready to reverse trend and head higher. There is a RedChip conference/event this Wed.+Thurs. in which the keynote speaker/presenter will be founder of $KIPS (same person/founder of St             Judes as well, wink*) Mr. Villafana.
- Clear line of downward force in place for quite some time now. BUT! This is the first time in which the trendline has been breached, stayed above, confirmed, has long-biased trades above and has RSI confirming the move, all at once. Also, notice the volume as of lately for this security... Has been at or above avg. volume . Not to mention the MA200 just curled up (what?!) and it has just gotten above the MA50 with a Bullish crossover of the MA8 & MA50. AND! The Boll. Bands just curled open with the price trending towards the upper band (left BB's out so the chart wouldn't be a mess).
I'm feeling good about this one. Short-Medium term = 1.00 and Longer-term = 1.40. Significant reward/risk set up with tight money management stops. (Not an RIA. JMHO)

Make Your Own Luck - Happy Trading
jmalone1224
3 years ago
I got stopped out of this one, but it's still trending upwards. Guess it just needed more consolidation time
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out