MRVL looks like a H&S top.
What Up
BRCM?????? I thought the earnings beat would propel
BRCM higher, not lower. Let's see if the gap closure will hold as support.
Good call Brian. Did you trade
AMSG today?
CTXS may have found its support level at $40.00 and could be ready to challenge its pivot point at $41.00.
This is a 60 Minute view of
AMD. We had a nice little rally going over the past few days and this morning it pulled back to the trendline. Let's see if we can pick up a little traction from this support level.
You don't often see a stock like
GM on this blog.
GM rallied today on a Merrill upgrade. Now let's see if it can break resistance.
ILSE reports tomorrow morning so we'll know before the open if this is going or not.
Some of the old momentum stocks of yester-year are back in play. We had TZOO last week, now
TASR looks ready to pop.
MRVL looks like a H&S top.
What Up BRCM?????? I thought the earnings beat would propel BRCM higher, not lower. Let's see if the gap closure will hold as support.
Good call Brian. Did you trade AMSG today?
CTXS may have found its support level at $40.00 and could be ready to challenge its pivot point at $41.00.
This is a 60 Minute view of AMD. We had a nice little rally going over the past few days and this morning it pulled back to the trendline. Let's see if we can pick up a little traction from this support level.
You don't often see a stock like GM on this blog. GM rallied today on a Merrill upgrade. Now let's see if it can break resistance.
ILSE reports tomorrow morning so we'll know before the open if this is going or not.
Some of the old momentum stocks of yester-year are back in play. We had TZOO last week, now TASR looks ready to pop.
4 comments:
Ugh on BRCM! I was in it in my IRA until I got stopped out yesterday. Oh well.
I didnt trade it because I took a position earlier last week. The sideways shuffle of the last ~11 days appeared to be a good risk reward opportunity. In at $24, stop @ 23.6, and a target in the gap fill range of $26-27. Needless to say the recent action was good for me.
Mike,
Sorry to hear about the stop out. I guess that means that BRCM will be a buy shortly because everytime I get stopped out, a buying opportunity follows.
Hey Brian, Great trade! I hope support holds here at $26.
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