iBankCoin

Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Late Night Strategy for Wednesday

chessNwine Wed Sep 3, 2014 12:01am EST 5 Comments

14813418150_2123778709_k

UBNT is a short squeeze on the long side. The heavily-shorted stock can put shorts on the run with a move over $47.30, as seen in the form of well-defined horizontal resistance on the daily chart below.

And on the short side, keep an eye on COP CVX HD GM for weakness.

Drop me your top tickers overnight.

_________________________________________________________

UBNT

Email this to someonePrint this page
If you enjoy the content at iBankCoin, please follow us on Twitter

5 comments

  1. Dino Balliviero
    Dino Balliviero
    September 3, 2014 at 12:33 am

    Potential longs: $TTPH, $STJ

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. James cleveland
    James cleveland
    September 3, 2014 at 12:40 am

    $CTRP Looks Poised!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Trading Beast
    Trading Beast
    September 3, 2014 at 2:03 am

    $VIPS looks like a low risk entry here with the stochastic in oversold territory and the stock in a well defined uptrend.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. gharo34
    gharo34
    September 3, 2014 at 4:27 am

    $ATVI $DFS $DISH $NOW $SPLS $DATA $TTWO

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. chessNwine
    chessNwine
    September 3, 2014 at 10:39 am

    Thanks, everyone.

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

© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy