iBankCoin
Joined Jan 27, 2008
7,406 Blog Posts

MEA: New Swing

This is one I highlighted in the viedo last night, the stock is near breakout levels so keep it on your radar. I bought shares @ 4.45, noted in The PPT.

mea

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14 comments

  1. TraderKeith

    Hey RC,

    How important is volume right now for breakouts cause volume is drying up? MEA need more volume for better probabiity of following through?

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  2. RC

    Correct. We want to see more volume to confirm breakout.

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  3. TraderKeith

    HEAT, TIE, VVTV look good.

    Do you want to see HEAT close above 16.50 recent high, or you buy the breakout of the pennant now? Do you get out if the stock re enters the pennant? Thanks!

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  4. rajusus

    Hi RC ,

    Great call on TIE , briken as expected . Cool

    what is your take on ADM ? will it bounce from 30 level ??

    thanks

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  5. gludibokslosh

    We are getting a little volume now in MEA. I´m in at 4.56.

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  6. Hammy

    awesome watchlist video man. how’s the fitness business going?

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  7. vatilo

    Wath is the price target on this one, you think?

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  8. TA

    Love the MEA play(and TIE) but I missed it today so I’ll jump on any pull back tomorrow

    The video cut off at the end during your X chart.
    X is my stock of the year, what do you see for it? challenge it’s 52 week high?

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    • RC

      I was saying X had some good support near 45.85, long here stop right underneath. 52 week high is in sights.

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  9. TA

    VISN finally starting to move

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