iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Charts of Interest

 

 

 

 

Here are a few charts that have my attention

$STAA: I like how this sits just above the 20, 50, & 100 day moving averages. I’m a buyer above today’s high with a stop under those major MAs. $MAKO also on watch here:

$YNDX: “Degenerate” pointed this one out today, and so far his calls have been spot on. Watch for a breakout here:

$PWRD & $EJ: Here are two China names I like on strength, stop below the 20 day for $PWRD:

Stop with a close below the 200 day MA:

$RENN: We have a change in character in this name, so great to see the stock close near the highs instead of the other way around. I think we see $7 pretty quick. Long with Henry Fool.

 

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26 comments

  1. NightHungry

    How high do you plan on riding RENN? At what point on the downside do you quit liking it?

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  2. jalford

    RC,
    What you think of AIQ, chart seems interesting. large ownership as well from a few people..would love your thoughts

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  3. degenerate

    thanks for the mention…

    YNDX is best above 27 for a swing into sweet spot, but I still like it here at support. I got April 27 calls now, may grab some short term $30 calls if/when it pops around 27.

    I sold SPY weekly 138 calls… nice +50% gain, not going to try to milk this one with time ticking and DIA approaching it’s 50 dayMA but I think it still has a bit more upside.

    Hard for me to put a target on a bounce from oversold or off 50 day. any ideas?

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  4. degenerate

    Nice work on RENN. I like RENN above 6.8, but I really hope it consolidates and forms like a flag or pennant here first to work off it’s OB condition a bit and shake out some holders that will reenter higher. I’d rather not chase 5 up days in a row even though there’s some serious short squeeze power here. A pull back to $6 would just be gravy.

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  5. degenerate

    CJES and FTK… Long calls
    Couldn’t wait any longer on CJES.
    FTK has short squeeze potential

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  6. degenerate

    I went “social”
    YELP,Z

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  7. rc

    Just got back from Dr. office. Been out most of the day.

    Just sold a piece of RENN @ 6.68, will hold final 1/2

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  8. Artistic Analysis
    Artistic Analysis

    $CZR is looking good… Dying to break out of consolidation and above IPO day close.

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