I see a decent opportunity to buy coming in the next month at the 420-450 area. The lower 400s have shown strength in the past and could provide a nice baseline for a potential strong year end.
This is a pennant long that came up on our scan last week when it was only a flag pole. It has been on my watch list since then and I am now fairly confident in the risk/reward to publish. I am using both an aggressive target and aggressive entry. In order to do so I have increased my risk exposure. Not for the faint of heart. Entry: 2.98 Stop: 2.70-9.3% Target:...
This came up on our Smart Money Scanner yesterday. Double bottom extremes trade. This is looking like a tight trade. Good risk/reward combined with good potential for a second target. Entry: 9.66 Stop: 9.53-1.3% Target: 9.99-3% Risk/Reward: 1/3
: Mistake in the text on the chart, should be Looking for a "higher high and Higher low" ; It also has 2 gaps to fill, small but worthy point to take in account Seeing TimWest's idea on the stock price today, felt to find a good entry point for the stock on the short term, while focusing on the long term prospects. On the weekly it does seem that at any point it...
Many sector leaders like Gilead, Celgene, and Biogen all had a nice run up at the end of the week, which is encouraging given people tend to sell on Friday, especially in this market. This bad boy went berserk in April 2013, flied away from this trend line and entered into a channel, which by the way, it broke exactly one year later, April 2014. Since then...
Long Limit Entry @ 0.9230 Valid Limit Entry Order just for Today Friday (EOD of Eastern Standard Time EST) 2 May 2014 Target @ 0.9275 Stop @ 0.9175