Don't have much to say about $C other than it has been up trending after a long fall.
It hasn't broken the all time up trend either so I'm very confident about this trade!
Perfect triangle formation in the making of $XLE
Breaking strong resistance today. Would be perfect if it closes above resistance.
If it does not jump tomorrow I'm going to look for lower entries.
S/L: 53.80 (Gradually bringing it up as the trade goes)
If it goes under entry, will try to get some more shares at 56.00
After $ZNGA's C.E.O, Mark Pincus, left his role, the stock jumped after hours on news.
Now, Pincus is handing the C.E.O role over to Zynga board member Frank Gibeau, a 25-year gaming industry veteran credited with completely turning around mega-publisher Electronic Arts' mobile gaming business, the company announced after market close on Tuesday. -Yahoo! ...
$ELMD, the stock that moves 100%-200% in a month every other year. Guess what.. This month was one of those months. With the history of this chart, you can clearly see what the out come is with big jumps. I'll be looking forward for this chart to reach around $4-$4.05 to start shorting this bad boy.
Of course, the 1ST buy entry would be the best case scenario with a R/R Ration of 3.75. Anything under the $38.19 line I don't trust because it will be breaking 3 kinds of support.
As for my 2ND buy entry, I don't think I would take the risk BUT it's an option.
$AUMN has been moving up for the past couple weeks after reaching the down-trend support line. With no news behind this big move I feel like this one will fade just as fast.
Not to forget it is currently stopped at the 200MA and down-trend resistance.
As $GOOG goes down for multiple days, it gets closer to up trending support.
Does this mean it's time to buy? Not so fast.. with today's market any thing can happend.
But seeing that the RSI is pretty low ( over sold ) I believe this will have power to the up coming day.
As $DDD downtrends, it showed weekness when it came close to down trend resistance.
As you can probably tell, my risk is very small compared to my reward in this case because any break and close above the trend line means a change of trend. Possibly to the up side.