laggard

andrew.berg andrew.berg GME, D, Long , 2 years ago
GME: GME break up of downtrend
79 0 3
GME, D Long
GME break up of downtrend

Stock came from $16 to almost $58 in year and a half but was sold off on bad earnings results almost 2/3 of it is initial move up. In such a strong tape I think it looks ready for move higher, as it found support at $33 and have built higher highs with consolidation support at $35-$36. It broke downtrend line to the upside with strong, green candle and building ...

andrew.berg andrew.berg SSYS, D, Long , 2 years ago
SSYS: SSYS  break up of descending channel
93 0 0
SSYS, D Long
SSYS break up of descending channel

This 3D printing stock was very hot during 2012 and 2013 but lost its luster in 2014 as investors are looking for major cap companies who pay high dividends. Even the leader 3D Systems pulled back 50% from its highs which tells us that price is very unstable and speculative in this revolutional sector. Stock broke up descending channel at $90-$92 with ignited ...

andrew.berg andrew.berg CTXS, D, Long , 2 years ago
CTXS: CTXS laggard play, looking for move through 200MA
53 0 2
CTXS, D Long
CTXS laggard play, looking for move through 200MA

Big Picture: US markets are strong, so I like long ideas. Despite, this stock looks weak I think if market break up failure scenario will come into play money will rotate from stocks that are on highs to underperforming stocks. And if market will continue showing strength momentum will cautch up this stock as well. This technology company grew up from $20 since ...

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