mbrenke

mbrenke

Heavier volume is coming in on the Ask side with price holding at support.

mbrenke

Strong reaction to the daily chart support level which was broken signals downside is likely today. @ 10:00 SPY found support just under 197 and is making a strong move higher, tough market to short.

mbrenke

The weekly chart for PII looks strong with good price action backed up by heavy volume. Before I enter long I want to see a strong breakout where price closes at or very near the highs on higher than average volume on the daily chart. My stop will be just below that days low and entry 10 cents above the high. I also want to see the S&P follow through to the...

mbrenke

This stock pulls back and finds support at the same time the S&P pulls back to it's 50 day mov/avg. See chart for notes.

mbrenke

URI is testing the July Pivot highs with price closing well off that level for the second day. Thursday's price action looks strong and maybe setting up to resume the uptrend.

mbrenke

(CAR) was on my IBD list of strong fundamental stocks. It's in a strong uptrend and currently pulling back to the $61.95 Pivot level. Once there I'm watching for clear price action showing that the level is being rejected and momentum is building to the upside. * On September 16th CAR gave an entry trigger with the strong up day closing in the upper range after a...