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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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An Interesting Spread

chessNwine Mon Jul 28, 2014 2:44pm EST 2 Comments

moldova-food1

We have an interesting divergence in LED land,  with VECO showing potential for a secondary squeeze higher off a base bottom, while RBCN is in danger of breakdown here.

What are you trading this afternoon?

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RBCN

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VECO

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2 comments

  1. JPMorgains
    JPMorgains
    July 28, 2014 at 2:58 pm

    RBCN will resolve the divergence by ripping higher. I own it and GS is wrong.

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  2. Senator Gupta
    Senator Gupta
    July 28, 2014 at 3:25 pm

    Long EXEL from $3.31

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