ATTN: Thinly Traded!
Very strong medium relative strength
Developing strong financials
Placed limit order @ 756
Medium Term Relative Strength
Prior Resistance becomes support
Supported by strong progress with earnings
Focusing on long trades where the yearly uptrend has not broken. High relative strength compared to overall market.
Long ATVI 30 day uptrend / asc. triangle
Long LXRX 30 day uptrend
Long RIG 14.40
Heavy retractment today after previous support becomes resistance
It appears the original thesis still holds and my last exit was premature
Long again after bounce from recent support. My last exit was premature.
short SPY for attempted second leg
Long NKE on relative strength during recent market weakness
Reentering long as it pulls back to uptrend support
Topping action in SPY. Short with a stop just above recent swing high.
back in CACC as it pulls back to uptrend support level.
Good risk/reward at this point
Double top on long term chart
Descending triangle approaching support
Forming an ascending triangle as it rebounds from long term bottom
Good relative strength in past few weeks
Approaching resistance on ascending triangle