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[Day] MLS critical support 13.25

As a depressed stock, MLS is testing a key support at 13.25. If it fails, next stop is 13.05

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[Day] GameStop (GME) rallies

Whatever was in the conference call must have been good because this stock is filling the gap up quite fast… too fast. I expect an easy 1% pullback from here.

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[Day] CTRN & DAKT bounce

DAKT is bouncing from yesterday’s fall out.

CTRN looks to be developing into a dead cat, I don’t know, maybe.

BTW, I’m exiting TIE…. stock has too much selling pressure. I’m weak, I know.

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Earnings Effect

  • GameStop (GME) – just reported and is having their conference call right now. Stock sold off early, but has picked up some of the loss.
  • Abercrombie and Fitch (ANF) – reported yesterday, and is continuing the rally. A very strong stock. If you like ANF, you’ll like American Eagle (AEOS)… cheaper version, plus I shop there. Bwa ha ha!
  • Marvel Tech (MRVL) – no wonder stock is a bit wild, it reports after market. Investors don’t know what to do with this stock. Tricky chart going into earnings.

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Marvel (MRVL)

Stock is hot!!!! Big time short squeeze going on here. Just thought I’d let you know.

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[Day] RBAK resistance $20

Stock is trying to take out $20. Short if test fails again. Whole bunch of sell orders at $20… must be people who just set their sell limit then went on vacation??

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