iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

A Few Trade Ideas For Wednesday

$MCP – Been waiting for another entry in this name and it may be tomorrow. The stock closed above the 50 day MA and looks to take flight above Tuesday’s high, 6.14:

Screen Shot 2013-07-09 at 10.05.53 PM

$LITB – The devil was buying this one a few weeks back, and I’m looking to jump in here for a trade. The recent iPO trade has been hot, so I see no reason why this one doesn’t go. Here’s a 30 minute look, looks good to go on strength:

Screen Shot 2013-07-09 at 10.15.25 PM

$BV – Love the look of this one on the 200 day ma, Watch for a breakout on strength:

Screen Shot 2013-07-09 at 10.18.14 PM

I’m also watching Raul’s $TPX, ChessNWine’s $GMCR short, and $RATE mentioned by OA. My full watchlist can be found inside 12631, members click here.

If you enjoy the content at iBankCoin, please follow us on Twitter

3 comments

  1. Zenga

    LITB might be affected by negative sentiment due to slower economic growth in China…more news came out few hours ago. From a technical perspective, it looks fine.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Juice

    keep an eye on DXM … I think another moonshot is in the near future

    • 0
    • 0
    • 0 Deem this to be "Fake News"