NIHD - Gap up on the open and immediate reversal back to yesterday's lows. A second breakout attempt failed in the morning, but finally by 12:30 a new rally took hold, adding almost a point by 2:00. The stock closed at $47.00 forming a hammer as it asccends close to its 52 week high of $48.23 set in Mid-December. Support at $46.50 and resistance is $47.00.
CUTR - Narrow range doji - resting after yesterday's big move. No trade taken today.
XRTX - The high was set in pre-market, no trade triggered as the stock moved lower throughout the open market.
BRCM - Gap up on the open, followed by a move back to test yesterday's close. The stock remained in a low volume, narrow trading range until 11:20 when it successfully broke out, closing on its highs. From the breakout point of $50.50 to the close $52.40 was almost a 2 point move.
FFIV - Gapped up on the open amd immediately turned south giving back $1.20. By the end of the day it had retraced back to yesterday's close.
QCOM - Gapped up and never looked back. Closed on its highs. Good for over 2 points.
ISIL - Formed a narrow doji type candle from a very narrow trading day. No trade was triggered.
ADBE - Broke out on high volume miday from $38.65, however, volume diminished after a few minutes and ADBE traded up to $39.00, languishing there for the remainder of the day.
RIMM - Gapped up on the open and pushed north for 3 points by mid-day. In the afternoon it gave back 1.5 points.
Except for XRTX, most of these names will stay on the watchlist and I will update the list and the trading plan over the weekend.
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