Unfortunately, one of iBankCoin’s tabbed bloggers, Rhino, decided to resign from his post today. I really cherished his work and used his ideas in analyzing trades. The screens he created in The PPT made me some cash, and I thank him for that. His reasons for going are clear and understandable, and I wish him the best of luck with his new website that is being launched soon (tonight?). I would check his twitter stream for updates!

The market treated my portfolio fairly well today, as there was an unexpected pop in IMUC with a slight rise in USG. My other positions were down or near flat. However, I am not worried with the charts in those names. My current portfolio position charts are here. I sold my gambling stock IBIO and swapped it with OCLR. The position size is extremely small, so I wouldn’t make any big bets. 

Now to the core of the post and some charts of interest. Without running any technical analysis screens, I have three setups that I am finding appealing right now. I like SAM, TASR, and GTAT. The Fly currently has a position in GTAT. I  will show the charts of SAM and TASR. Beware of GTAT at these levels, it might be a little extended.

If you have been following my blog, my first real post talks about the fundamental aspect of SAM. The company is poised for growth in the craft beer market, and it continues to surprise those who bet against it. The short float is very high, and that can further push any drives upward. I have gone on and on about a place to add, and I think that this may be it.

TASR was one of the charts listed from my technical analysis screen last night. The break of the resistance is clear here, and with the gun debates sparking up it could run.

Lastly, I would like to leave you with a list of technical pattern setups that appeared in today’s market session. Feel free to sift through them and mention the ones you like in the comments section! The charts are here for you to browse. My favorite is ZQK.

Tweet