Another Candidate to Bounce Back from the Dark Side

4Y25b29957

In addition to the likes of FEYE TWTR, SPLK also falls into that group with similar harts of growth stocks beaten-down in the spring now trying make a higher low after pulling from their snapback rallies.

Note the potential bottoming formation here if recent lows can hold.

____________________________________________________

SPLK

 

Stock #Market Recap 07/21/14 {Video}

If you enjoy my blog posts and videos, then I would encourage you to please click on this 12631 hyperlink for more details about joining our great team of traders at a very reasonable price. 12631 is a trading service which @RaginCajun and I direct here at iBankCoin.

Enjoy tonight’s video, and enjoy your evening. 

Direct Vimeo Link Click Here

By the Book Into the Bell

sjff_03_img0965

Into the closing bell, note the textbook, gap-down and massive reversal in CORN today after a sharp swoon of late.

Corn has been disappointing this spring and summer, but it may finally be ripe to reverse on higher after this hammer candlestick, seen below.

___________________________________________________

CORN

 

Getting a Handle on Oil

best-performance-ddl

Impressive action in black gold today, as it tries to emerge from its weekly chart consolidation, seen below. More on this later tonight or tomorrow morning.

UCO is back on my long radar.

What are you trading in the final hour?

________________________________________________________

USO

 

Keep Taking Selfies with This Chart

vzlYcyr

We are settling into another summer grind type of trading session, as I am still watching the $114 level on the small cap ETF, below.

Note the zoomed-out 30-minute downtrend for the month of July, thus far, still intact. I suspect bulls would need to clear $114 with force to sustain another upside move.

Until then, I expect more choppy action.

That said, FEYE TWTR are acting well today and still trying to make a higher low.

___________________________________________

IWM

Photo of Herbalife Bull During Bill Ackman’s Comments Today

yeezus-american-psycho-trailer-lead

After making Ackman’s bear thesis look foolish for much of last year, HLF is now a broken chart. Even before today’s plunge on Ackman’s latest comments, you can see that declining 200-day moving averages.

When it comes to heavily-shorted stocks, when the shorts actually do get it right things can get ugly, quick, to the downside.

_______________________________________________________

HLF

Another Candidate to Bounce Back from the Dark Side

4Y25b29957

In addition to the likes of FEYE TWTR, SPLK also falls into that group with similar harts of growth stocks beaten-down in the spring now trying make a higher low after pulling from their snapback rallies.

Note the potential bottoming formation here if recent lows can hold.

____________________________________________________

SPLK

 

Stock #Market Recap 07/21/14 {Video}

If you enjoy my blog posts and videos, then I would encourage you to please click on this 12631 hyperlink for more details about joining our great team of traders at a very reasonable price. 12631 is a trading service which @RaginCajun and I direct here at iBankCoin.

Enjoy tonight’s video, and enjoy your evening. 

Direct Vimeo Link Click Here

By the Book Into the Bell

sjff_03_img0965

Into the closing bell, note the textbook, gap-down and massive reversal in CORN today after a sharp swoon of late.

Corn has been disappointing this spring and summer, but it may finally be ripe to reverse on higher after this hammer candlestick, seen below.

___________________________________________________

CORN

 

Getting a Handle on Oil

best-performance-ddl

Impressive action in black gold today, as it tries to emerge from its weekly chart consolidation, seen below. More on this later tonight or tomorrow morning.

UCO is back on my long radar.

What are you trading in the final hour?

________________________________________________________

USO

 

Keep Taking Selfies with This Chart

vzlYcyr

We are settling into another summer grind type of trading session, as I am still watching the $114 level on the small cap ETF, below.

Note the zoomed-out 30-minute downtrend for the month of July, thus far, still intact. I suspect bulls would need to clear $114 with force to sustain another upside move.

Until then, I expect more choppy action.

That said, FEYE TWTR are acting well today and still trying to make a higher low.

___________________________________________

IWM

Photo of Herbalife Bull During Bill Ackman’s Comments Today

yeezus-american-psycho-trailer-lead

After making Ackman’s bear thesis look foolish for much of last year, HLF is now a broken chart. Even before today’s plunge on Ackman’s latest comments, you can see that declining 200-day moving averages.

When it comes to heavily-shorted stocks, when the shorts actually do get it right things can get ugly, quick, to the downside.

_______________________________________________________

HLF