Today's Trades
Watch: VHC (follow through breakout)
Profit Taking: If RAM was taken as a DT, good to take profits today. If for a longer term trade, take off anywhere from (1/4-1/2) of position to lock in gains.
This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.
Watch: VHC (follow through breakout)
Profit Taking: If RAM was taken as a DT, good to take profits today. If for a longer term trade, take off anywhere from (1/4-1/2) of position to lock in gains.
Watch: AKAM, CX, LLNW, RAM (day trade candidate)\
Others of interest: BTX, CALD, FPP, LDK
New Buys: LIVE (in at 6.65), PZZI (in at 5.70), SLTM (in at 2.99), WIFI (in at 8.81)
Short Candidates: ATHN, DECK, ITMN, LRCX, NDSN
Watching: ARSD
At this point we can either head higher or head back to the lows that were established back in October. I know it isn't earth-shattering info, but it is something to think about before piling on new positions. If you are out, stay out until a strong thrust breakout confirms the upward move. There will be plenty of new stocks breaking out along with it that one can snatch up. In addition, an upward move will also allow the stocks that have been consolidating a chance to continue their march north (such as STMP, MELA, etc).
Keep an eye on: ARNA, ARSD, BWEN, DEXO, ETAK, MGAM, NBY, OWW