Mixed volatile day in the markets but it did end up on the day. Indices are close to or at all time highs so it looks like we will continue to go higher. LABU (biotechs) was a strong day after a big sell off in the morning making a bullish engulfing candle.
HIIQ: Stock broke out today over lateral resistance at $25.50. It traded as high as $26.05 closing right on support at $25.50. Stock is at the lower edges of the up trending channel. I would look to go long over today's high with $28.00 and $31.00 as targets. Short ratio, 4 days to cover.
MX: A stock I have been writing about moved nicely above lateral resistance yesterday and continued on today. It traded as high as $11.25 before closing at $10.90. Price target is $12.00. Short ratio, 7.75 days to cover.
PIXY: Recent IPO. Stock appears to be finishing wave 4 of a 5 wave pattern. It is trading right up to resistance trading as high as $10.33 and closing at the top of its range. It needs to get through $10.50 with price targets of $11.50 and $13.00.
SGMO: Stock also made a bullish engulfing candle today breaking out of the wedge formation and trading up to resistance at $9.75 closing at $9.50. Through $9.75 and the next target is $10.25 and $11.50. Short ratio, 5.9 days to cover.
No. I trade each day the same.
PPHM is a good one also, above 5.50 and possibly it could run to 7. $1bn market cap and 247m float
HIIQ, in at $26, out at $26.20. Didnt see the price action I was expecting this morning so I got out. ... Boy was that a mistake haha. Left ALOT on the table!! #Patience101
TWTR is also a strong possible breakout
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