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[Day] MED longs show their hand

MED longs showed they are willing to dump at 11.99. This will be a key resistance. If fails, MED heads back down.

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[Day] MED looks funny

The intraday chart just got messed up. What’s that weird gap? Anyway, looks like someone is trying to create a support at 11.70. If that support gets taken out, MED will fall. For now, keeping an eye on resistance at 11.88.

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[Swing] Buy TIE

TIE is a good swing candidate…

  • turnaround candidate
  • metals stocks up
  • aggressive insider buying
  • will benefit from a market rally

Bought @ $27.08

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[Day] ILMN falling

For the past 4 weeks, ILMN has been falling, from 40 down to around 33 today. My guess is imbalance of money flow (ie, getting out of this sector, getting into the hot ones like tech, semis, homes, metals).

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[DAY] SIMC Possible Breakout

SIMC is trading near high of day (6.15). Currently at 6.01. Low of day was 5.57. Likely breakout at 6.10.

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[Day] watching RBAK

If the Dow or Nasdaq doesn’t last, short this stock. Stock was weak from 11:00 – now.

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