Waiting for a break out and daily close on either side... Possible long targets 27800 maybe even up to 31200 Possible short targets 21500 up to 17500
Rejected off both the 200 & 50 day moving average. EMA 50 comes in @ 9512. Stop loss - Daily close above 9950 Targets - 8280, 7220 & 6500
Looking good for a possible long entry. What is a bit concerning is the MA200 coming in at 8260 which might cap gains. Will need to break above the MA200 for further upside. So will have 3 possible targets and monitor closely how the stock trades around first and second target should they be reached. Entry will be a break and daily close above 7800. Stop loss will...
Should SLM trade into the 5800 to 6050 region an form a reversal would set up a good short opportunity. Entry - 5800 to 6050 Stop Loss - 6231 Targets - 5250 and 4800
Entry - Break and close above 13097 Stop - 12265 1st Target - 13853 2nd Target - Around 14500 where the 50 Day moving average comes in.
Entry - Break below 7800 Stop - Close above 8694 1st Target - 7057 2nd Target - 6300
Closed at session highs on Friday,currently one of the stronger stocks in the Top 40. Entry - Break and daily close above 12500 Stop Loss - Close below 11800 Possible first target - 13188 Possible second target - 13580