Chart of GMXR - looks well positioned to test its recent high.Short:
Semis and internet stocks will be weak following INTC and YHOO earnings last night. Some names in the same space will bounce off of the lower open creating shorting opportunities. IBM seems to have recovered from yesterday's late day swoon and is actually trading up slightly at this moment.
Long:
CELG - Yesterday's bullish engulfing pattern following a shallow pullback.
CERS, CRED- Continuation following yesterday's high volume breakout.
FCEL - On a break of $9.70 consolidation level. BLDP also pulling itself up from a downtrend.
TRAD - Continuation
CMED - Could make a break higher anytime now.
GMXR - Continuation from yesterday and potential attempt to break of all time high set last month (refer to chart above)
No comments:
Post a Comment