iBankCoin

Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Late Night Strategy for Monday

chessNwine Mon Oct 6, 2014 12:09am EST 2 Comments

dGgMi4V

MIK is another recent IPO which could easily attract some long momentum money if the market bounce continues this week. The likes of GPRO MBLY have been at the forefront, but I think this one can run over $18, for a quick pop.

Note the tight basing action on the young daily chart, below. I am still inclined to sell rallies in this market, but agile traders can stalk this one.

Drop me your top tickers overnight.

_________________________________________________________

MIK

 

Email this to someonePrint this page
If you enjoy the content at iBankCoin, please follow us on Twitter

2 comments

  1. Operator
    Operator
    October 6, 2014 at 12:58 am

    Get it while the gettins good. I agree.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Operator
    Operator
    October 6, 2014 at 1:01 am

    Still stalking Forex for the reversal. Keying off /DX looking for sellers to stimulate some agressive short covering in some of the major pairs.

    • 0
    • 0
    • 0 Deem this to be "Fake News"

© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy