Late Night Strategy for Friday

While I still have my doubts about the regional banks and perhaps financials as a whole sustaining a meaningful rally from here, I am going to focus on an actionable idea in case that does happen.

BANF Is a southwest regional bank which may trade on the thin side in terms of volume.

But there is no denying the sound technical setup seen on the daily chart, below. I like this one as a long idea on any further strength.

Drop me your top tickers overnight.

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Enjoy tonight’s video, and enjoy your evening. 

Direct Vimeo Link Click Here

DISH has been a perennial bridesmaid, but now will it finally be a bride in an M&A deal?

I am long a starter position with a stop-loss below $63, into the NFL season.

Note the solid technical setup, below.

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Here is an instructive interview by Jim Cramer with the CEO of WWAV, a stock I have mentioned as a viable takeover target. As far as the technicals, keep an eye on the stock as it likely consolidates its recent rally into next week for another entry.

Keep an eye on both TRLA Z for squeezes higher off of tight base consolidations, below.

What are your trading today?

Drop me some tickers.

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Courtesy of The PPT algorithm, here are the most current top five readings from my “12631 RELATIVE STRENGTH” custom-made screen, identifying which stocks are exuding some of the best performances to the market at-large at any given moment.

I look for stocks whose Daily PPT Hybrid Score surges, while the Weekly Hybrid has been negative over the past week. This can often yield stocks which are emerging from consolidations.

Members can click here to view and save the screen.

Sorted for at least 500,000 shares of daily average volume to ensure liquidity.

Please click on image to enlarge.

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