Hot Pick Of The Day

[B.J]

I want to sell half in the 12.49 (high, therefore resistance) range, and if it still looks somewhat promising, let the rest ride with the mo. If it's looking REAL STRONG, I'll let all of it continue through. Asking a lot though.

Of course, if I see signs of topping, all bets are off relative to targets.

[Runner]

NB what does the chart read on KTCC?

[skiracer]

I think you're going to see some profit taking over the next day or two with ERS. It's had a pretty good run up and might need the consolidation before continuing further up. I think it will continue to trend up but needs to digest some of those gains.
Patience.

[B.J]

You're right Ski. I actually think that process has begun today. 10 seems like strong support for the time being though.

[New-born baby]

Ktcc

NB what does the chart read on KTCC?

All I can say is that it has bounced downward off of resistance twice now.
That's called a double top. Should head first to blue line, then if it breaks that
support, the lower red line. If that fails, $2.50 ahead.

[New-born baby]

Ers

You're right Ski. I actually think that process has begun today. 10 seems like strong support for the time being though.

Yes, $10 proved to be strong support today. Here's the chart. Tough to say what will happen next. I think she works on a minor cup here.

[New-born baby]

Ofg

Speaking of the devil:
OFG is working on a cup! Or rather, a shallow saucer.

The question: can OFG break the resistance around $16 and move higher?

[B.J]

Yes, the worst case course of action, to me is clear... Begin to lock in if 10 fails.

[ParkTwain]

take a look at chart action for NTGR. Good looking breakout

[ParkTwain]

Expecting more strength going forward from SWB after today's rise to 4.50, but watching it. Started buying it at 3.65.

[New-born baby]

Ntgr

take a look at chart action for NTGR. Good looking breakout

Yes, one hot looking chart. Looks due for a retest of the $20 support level.
That would be a good entry, I'd think.

[New-born baby]

Swb

Expecting more strength going forward from SWB after today's rise to 4.50, but watching it. Started buying it at 3.65.

Here's the chart:

Chart defies Dow theory. It is one of the 10% that fail. Should have fallen down.

[New-born baby]

Dpz

Dominoes Pizza:
ascending triangle breakout on volume!

[Runner]

Intraday ERS:

ERS update I did not trade this stock today

[dmk112]

Anyone have thoughts on WLDA? It has been running up the last couple of months and it pulled back last couple of days but on heavy volume, what do you guys think on this one?