About mePart-time equities trader. I like technicals, long bets, short trends and cheap large buys. I'm a full-time professor but I'm a student of the markets.
After a bad ER, announced layoffs, and possible restructuring, $PAY fell to their 2/2016 low of $20.50 in AH. It will be interesting to watch the price action at the open, but my bet is to start a short position and watch it ride the rest of the day.
PLAY had a really good ER beat. It had an AH high of 44.75 but then rested at 43.80. Looking back at historical support and resistance at 43, 42.50, and 41.90. Will be interesting to watch if it pulls back to below 43 at the open but then runs toward the AH high of 44.75.
EA made a new 52 week high on 6/7 and I've watching to see if the trend will continue to the 80's. It did a nice bounce at $73 to keep it's upward momentum. 76.40 might make a good entry with a stop around 75.90.
I never liked $NKE above $65 but now that the downward trend has taken it down to $54 it will be interesting to see if it will start a reverse back to $58 or will keep heading south to below $52 and then below $50.
I think $APPL is at an interesting point where it will keep moving to $103 to $104 or retrace back to $96. I'm thinking with WWDC around the corner it will continue moving up and then pull back to $98 or $100.
Was waiting for a pull back to start a swing position. $NVDA has been in a strong up trend since $39 and watching to see if it breaks this trend at 45.75 and continues past resistance at 47.15.
