New Swing Longs: MYE OPLK VIMC AIS
Longs Outperforming Market: MFLX-140% RES-105% EMKR-85% MNG-76% HITK-48% RTK-38% SLW-29% FWLT-28% MDCC-26% IHOP NAK IDSY VSEC SEED ENER TLWT SKIL DDD ARXX NTO DSGX
New Swing Shorts: RSYS
Shorts Outperforming Market: BMHC
Stocks On Radar Screen: KFX STX WDC OMNI TBIO
4 comments:
On MYE, curious as to if you'd look for a break of the 14.69 high on 12/22 prior to an entry?
With the volume action along with the current price action, I am going to take it before the breakout. This is the pre-breakout volume confirmation that I look for in a successful stock.
If it fails and closes below 14.30 I am out with a much smaller cut loss than if I wait for breakout. The stock should breakout here. The volume is a day early but the breakout should occur.
If it doesnt cut that loss at a close below 14.30
DROOY picked up a good high today. The stock broke resistance at $1.55. The trend is doing good with strong volume. The next resistance could be at $2.30. By looking at the chart it seems we will hit another high tomorrow. Do you think it will hit a high tomorrow?
Thanks for the blog. Read it everyday.
I wish I could predict the future but I can not.
Who cares if it goes higher tomorrow? The big trend says that in time this stock should be much higher. Remember, I never buy a cheap stock unless the pattern suggest it could double.
What it does tomorrow? NO ONE KNOWS EVER. :)
Aloha. Thank you for reading everyday. I really really appreciate it. :)
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