About meI have a doctorate in Psychology and operate a small private practice as my day job. In my time off I apply my knowledge of psychology, economics, and statistics towards trading and better understanding the markets.
After a solid earnings IPGP broke through resistance with decent volume. Today it seems having a little retrace. Perfect time to load up on a long position. If there is a heavy drop in price I will exist, but I think this is going back up. Target 165.
The 0.618 Fib was providing resistance for awhile but price actions has burst through it with good volume. No price is stoping at the 200 MA. I think it is temporary and we will be testing 7600 before the end of the week.
MSFT (as with the rest of the market has been a bullish run for the past few months. Price is trying to break up. I'm looking for a clear close above the resistance with good volume before entering a long position.
Market did not like the earnings report on VCRA. However, price has stoped around a historic support level. The bad earnings where in part due to the government shut down. VCRA was in the process of negotiating deals with Department of Veteran Affairs and Dept of Defense. I see it as a temporary set back and not a longer term trend. With price at this support...
After a stronger than expected earnings report on Wed night, GoPro price has broken above previous strong resistance. This appears to also be a reversal of a longer term down trend. Long with a current target of 5.80.