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Monthly Archives: April 2013
Can TSLA go higher or is a correction due? Today’s candle (inverse hammer) suggests a down day tomorrow, but keep an open mind because the market has a mind of its own. Short on break of today’s low $53.76 and … Continue reading
BBRY BBRY closed above a 3 month wedge. This should be a $6 move if the breakout continues (price target of around $22). As confirmation, enter long on break of today’s high ($15.68) and higher than today’s volume. DOW Today’s … Continue reading
V is coming to a very critical support level (blue line & 50d SAM of $161.03). MACD is bearish although STO in oversold territory. Historically when V cross below the middle Bollinger Band it goes down to the lower band … Continue reading
IBT closed below it’s long-term up trend line (blue line) with heavy sell volume. Look to initiate short on break of today’s low ($21.95).
Special thanks to Thanh C. from our SRT Mastermind Group with this high probability trade for tomorrow. AXLL closed above its 10 and 50 day SMA with stochastics indicator just coming out of the oversold territory, and MACD beginning to … Continue reading
AMZN AMZN breezes through its 50 day Simple Moving Average (SMA) line, and closed above the downtrend line (top blue line). Expect another up tick for tomorrow. EBAY Another one to watch for tomorrow is EBAY. There is nothing bearish … Continue reading
Does history repeat itself? You be the judge. BAC had a nice strong day of breaking through 5 and 10 day SMA indicators. More bullish follow through is expected, but trade accordingly! You can always use the previous day’s low … Continue reading
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