Today, there are several stocks that are setting up strong technical chart patterns so I decided to list all of them. I will try to post charts of them after the closing bell.
In Play: BW, CFSG, EHTH, FRM, OMCL, TYPE, YGE
Already Own: BW, OMCL
Previously owned: EHTH
New Buys: CFSG, EHTH (rebought), FRM, TYPE, YGE
Nick
ReplyDeleteI thuink I am rediculosly wrong on APPL.. but I am hoping to short it later in Dec...
OPTV is finally on the move and I think the stock is getting ready to run after some +ve news..
and shorting FGC for sure.
ReplyDeleteIf you want to short AAPL, short it when it fails to hold onto its 50 day MA. OPTV may have put in a short term bottom. Still, the chart on it is not for me. Still, if you are playing it, good luck with it..FGC seems to be a decent short. Just be careful cause the chart maybe showing a double bottom pattern. Notice how the stock jumped back up when it went down to the 23-23.5 levels. I would short it if it closes down at 23 or lower. That would at least eliminate the possibility of a double bottom and show that the stock is not able to bounce back up from previous support levels.
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