Interesting take on yesterday's action
Steckler's Star Studded Stock Picks
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Guest repliedIAG zowie!
Really popped right after at the close, up 37%.
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Guest repliedLooks like a Cooper breakout
But isn't, because the RS is only 81. I'm talking about ARJ. Gap open higher today on very strong volume; didn't see any news.
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Good resistance play on this one now...Originally posted by DStecklerDiamond top on ANDE. More than double the 200DMA makes it vulnerable to profit taking. First support is the 20-day EMA, around 105.75, but I doubt that will hold.
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Guest repliedJim, the Decennial Pattern predicts the year up 5.8%. I guess it depends upon which market you're looking at, e.g., SPX, Naz or IDX.
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Guest repliedDave,,,,Do you think that chart showing the average mid term election action will play out again this year? If so, it could get really ugly into October......
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Guest repliedHANS material change
News about their arrangement with BUD. HANS is ripe for some profit taking and the 20-day EMA would be a nice place to pick up shares, should it pull back that far.
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Guest repliedWCC - buying opportunity?
WCC gapped down to its 20-day EMA on a downgrade. This EMA has been great support since January.
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Guest repliedSold ZOLT in pieces between 39 and 39.10. Long yesterday at 29.44. That's an annualized return of about 11,914%. LOL!
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Guest repliedHUGE pre-market moves
ATRO up 10%, ZOLT up 24%. We eat red meat tonight!
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Guest repliedDistribution underway?
Very heavy volume in FSTR and a symmetrical triangle leads me to believe distribution is underway here.
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Guest repliedOne to watch
FIX. Tight trading range the past few days and its holding above the 20-day EMA.
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Guest repliedPossible short
Diamond top on ANDE. More than double the 200DMA makes it vulnerable to profit taking. First support is the 20-day EMA, around 105.75, but I doubt that will hold.
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Guest repliedDave, good call shorting the NDX.....I am thinking the yield curve is about to flatten again.....I am long the TLT....
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Guest repliedGNT recovering lost ground
Up 5% today. Resistance is the 20-day EMA, about 16.30.
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