We are playing this like it has a new bullish support / trend line. The recent volume is worth noticing and with the double bounce off the support lines for the momentum and rsi it's to enticing not to give it a shot..
REI has kept strong on its support line and looks to be in a long bullish trend. Yesterdays volume is larger than that of the last breakout, the momentum looks to be bouncing off its support as well, we think today's down candle is a temporary dip and are going LONG.
This one is looking strong, the ADX is bouncing off its support and has been keeping a steady climb for some time. The stock has been following a long bullish trend and has just broke its small bearish trend. It is crossing the EMA 30 making us think its ready to keep going. In the past this stock has made swings to $4.00. We are going to try and ride one of those...
This one could be some quick profit. It filled the gap perfectly before a strong move up today. The last time the Aroon Up crossed up the stock gained 111% before coming down, with the Aroon up crossing up again we are betting on a similar move. The volume looks good and it crossed the EMA 30. Taking this one long
This one looks strong, lots of room to grow in both the CCI and RSI, it broke the bearish trend, you can use a crossing of the EMA as a confirmation candle but we are taking the gamble early. going LONG.
SIRI has a nice head and shoulders pattern today, these patterns appearing after a long bullish trend is a good sign to continue bullish. The ATR is showing price action is leveling out and with all the room for growth in the RSI we think it will keep chugging along.
This one looks like its going hit the support line at $4.15 as it follows the triangle pattern, but if it breaks it there should be another strong move down under $4.00 with all the room in the RSI.
STOP LOSS $5.40
TAKE PROFIT < $4.16
Might be a chance of some nice profits today with PRQR. Though its in a long bearish trend this short bullish swing could me some profits for the day. There has been stead increase in activity since November and it only broke into the oversold area of the RSI recently, we think this should counter with a comparable move into the overbought area. STOP LOSS around...
This one is a bit of a gamble but it has a lot of bullish pressure, it's broke the upper bollinger band twice. It could push above $0.90. With a short stop loss there isn't much to lose and a lot to gain. going LONG
There is a lot of bullish pressure here. It has yet to fall into the support area and is gaining higher highs. I am betting this is going to break soon and push to close the gap. Taking this long with $4.00 STOP LOSS and looking to take profit starting at $4.50
The RSI has yet to break its overbought threshold, it never fell back into the gap, it closed above the Bollinger Bands upper and the upper intersects a bullish trend line. I'm betting on this one to run LONG into that resistance line.
With the latest candle breaking the Bollinger Bands upper, the RSI just making it to overbought and the strong volume we think this is going to make an aggressive move north before its correction. This is a riskier bet so our stop loss is set close, looking to get in and out quickly here.