I got in at 3.56. This was a tough stock to ignore as the MACD has crossed over after a large selloff. The RSI is still telling us that it is oversold, but it appears to be continuing on a promising uptrend. I am willing to cut my losses if it drops down to 3.20.
VIPS bottomed after double bottom in 10$ making it strong support
resistence at 15 was broken up and earning was good
stop reached resistence at 17 and now is in correction
if it retest 15 it will be a good entry point for long position with stop at 13.5
if stock will break above 17.5 could go much higher
I was alerted to some unusual activity in VIPS APR 13 Calls on Friday afternoon and bought sight-unseen due to the Chinese exposure, volume and time-to-expiry. Since then, the stock is up 9% and the calls have returned 106%. Chinese officials are doubling, well tripling down on debt - from easing loan-loss ...
Broke immediate downtrend, double bottom in place, MACD just crossed 0, RSI is rising and in bullish zone, 10sma above 30sma, good volume on today's breakout. Nice place to go long with stop loss below 12.
Shares of DSKX continues to rally from last week after they held a conference call to discuss the recently announced agreement to acquire Radiancy, Inc., a leading developer of consumer medical devices and the Neova® dermatological products.
It appears investors are beginning to notice the financial value this new ...
VEEV broke and closed above resistance at 28.05 today on heavy volume (see daily chart). We can anticipate additional resistance around the $29 level due to the long-term descending trend line resistance started back in December 2013 (see weekly chart). If VEEV can close above this descending trend line it may ...