As a depressed stock, MLS is testing a key support at 13.25. If it fails, next stop is 13.05
Comments »[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.
Comments »[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.
Comments »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.
Marvel (MRVL)
Stock is hot!!!! Big time short squeeze going on here. Just thought I’d let you know.
Comments »[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??