NBG – Watch for a fast move through $6 on early strength accompanied by volume. I may take it first thing if I see what I like:
SOL – Will look to play this one with continued strength in the solar names. This one is easy to manage with a stop under Wednesday’s low, 5.35.
ONVO – I have to post this chart again for the shear beauty of it. Disclaimer: I’m long
GAME – Another beauty that I own. On strength, I think you have to take a hard look at this one:
GA – From the small bombs screen, keep this one on watch along with GAME. They may both decide to trigger and go on an epic China run. A move above 9.46 can trigger a breakout, just look for volume:
____________
See you guys at the open. And, make sure to follow along in real time inside our trading room, 12631. It should be a fun day with Google heading to $1000. Good luck gentlemen.
If you enjoy the content at iBankCoin, please follow us on Twitter
I love epic China runs 🙂
u know I do.
Funny, I own 3 of these names.
nice, you should be doing well today.
Ugh… SOL… WHY?!?
broke down. 5.35 was the exit, did not trigger this morning.
Did the early pop in GA get you in? Was that enough volume?
Yesterday’s close seems to be holding here. I like the setup to break out of the multi-year highs. Thanks.
ended up passing on the trade, due to my position in GAME. But that volume at the open would have triggered it for me. I would have stop set under 9.36 low. From failed moves comes fast moves.
Waited for the pullback to get my fill and have set a hard stop. Starting to freshen up again here…but lighter volume so we’ll see where it goes. Thanks.
Hi RC, would you agree that there is high chance of ONVO getting to $8 before $6? breakaway gap holding so far and open was over $6.25 (resistance for last couple of months) and that too on heavy volume.
Thanks for your ideas.
Yes, I would agree that ONVO is heading higher first. A measured move takes this thing much higher.