Coiling like a spring with a close above resistance yesterday...
CM - coiled stochastic breakout + divergence in progress. Target = $83.10
INVA on stochastic divergence, below lower bb, bounce off 200ma and possible cup/handle
Stochastic divergence, lower bb
Techs lined up, strong earnings, increasing orders. Looking good for a low risk entry here.
Looking great for entry or adding to position. And with the rate KCG are paying down debt, it's a no brainer. 1st target = $12.60
Multiple indicators pointing to a good entry for Silver Springs Networks.
Difficult to make any predictions on a parabolic move, but still holding core position. Redrew chart with updated fib lines. Next fib res. is ~$15.15 area.
Breakout of formation yesterday with next resistance at $8.49. A break above $8.50 and then a run to $10.90. I'm long from $7.29 but will be adding to position on any dips or break above $8.50.
AMD chart remains intact for today. Waiting for confirmation of reversal before adding to position.
$AMD Indicators pointing to a reversal soon. 1st target @ $3.88.
Numerous factors in play - both technical and fundamental.
AEO looks good for next week based on stochastics turning up - very range bound. I see a conservative upside of $19.76. Stop at $17.96.
BTU - looking for bounce off lower trendline on larger timeframe.
Looking for continuation move higher in $MTL based on stochastic/price divergence + close above previous day high. I will be starting a position on Monday.
AAP looks good for entry once stochastics setup on 60 minute and move to lower trendline - Possible flag breakout scenario. Possible 2 point gain depending on market conditions.