Steckler's Star Studded Stock Picks

[DSteckler]

Cooper 1-2-3-4 candidates for next week

TNL
BDC
PRXL


Cooper candidates are stocks that have a high RS rank (95 or greater) and make a three-day pullback, either three consecutive lower lows or a combination of lower lows and inside days. Enter long on Day 4, 1 - 2 ticks above the Day-3 high. Use the exit strategy of your choice.

The trade can be worked one additional day (lower low or inside day on Day 4, enter long on Day 5 one - two ticks above the Day-4 high). If it doesn't pop on Day 5, abandon the trade.

[DSteckler]

Worth watching

LIFC - nice symmetrical triangle forming on the daily chart.

[DSteckler]

Bow tie candidates for next week

AZK
NTSC
CL
IMX



1. The MAs shift from proper downtrend order (10-SMA < 20-EMA < 30-EMA) to proper uptrend order (10-SMA > 20-EMA > 30-EMA). What you're looking for is for the MAs to converge and then spread out again, giving the appearance of a bow tie.

2. Today's low must be less than yesterday's low.

3. Tomorrow, place a buy order 1 - 2 ticks above today's high good for tomorrow.

4. If not filled, continue to work the order above the prior day's high good for the next trading day until either filled or the stock trades below its 20-day EMA.

5. If filled, place a protective stop below the lowest bar in the setup.

[DSteckler]

Worth watching

ABT - improving technicals but estimates the next two quarters are flat YOY.

[DSteckler]

Zvxi

POS that may challenge its 20-day EMA today.

[DSteckler]

Shorting PTRY?

PTRY has made a nice run since bottoming a few weeks ago but is about to hit its 200DMA. Last time the DMA was tested (July), the failure to get through led to a sharp 20% decline.

[peanuts]

PTRY has made a nice run since bottoming a few weeks ago but is about to hit its 200DMA. Last time the DMA was tested (July), the failure to get through led to a sharp 20% decline.

Did the market have anything to do with the poor performance?

[DSteckler]

Did the market have anything to do with the poor performance?

To an extent but from a relative performance standpoint, PTRY performed worse than the market.

[DSteckler]

Interesting read

http://etfguide.com/view_article.php?slug=Busting%2BMarket%2BTiming%2BTales&ID=150&D_ID=2&P_ID=7&PHPSESSID=54a8aaf05fef8478a9d05c3bfe33f5b4

[DSteckler]

PTSI bounce

Strong bounce off the 200DMA.

[DSteckler]

VC looks strong

New six month high.

[DSteckler]

Some BB must be flogging PTSI

It's up 12% but on less than ADV.

[DSteckler]

BRR followthrough

Nice continuation after yesterday's bounce off the 50DMA.

[DSteckler]

Anyone playing ICOC?

Up 7% on heavy volume; highest high since 1997.

[spikefader]

Up 7% on heavy volume; highest high since 1997.

IIC's on that one.