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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 Tuesday

chessNwine Tue Nov 11, 2014 12:34am EST 4 Comments

mfxxlUW

With a strong close on Monday, Cree is back on watch on the long side for a short squeeze higher from beaten-down conditions.

On the daily chart, below, note the potential bottoming formation being scalloped out. I view any further strength as actionable.

Drop me your top tickers overnight.

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CREE

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4 comments

  1. mtpennybags
    mtpennybags
    November 11, 2014 at 1:09 am

    BABA setting up to be a short at 120, or first weakness

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  2. Mav
    Mav
    November 11, 2014 at 2:27 am

    $BALT

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  3. bwana
    bwana
    November 11, 2014 at 3:31 am

    Hey Chess, thanks for doing your video recap every day, I look forward to it ever afternoon. I’ve been a ppt member for 6 years now and am thinking of giving your trading room a try as well. Love your insights.

    What are your thoughts on $ACHN now that they have released favorable results? You’ve mentioned the company in the past, are you still looking to buy it?

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  4. Raul3
    Raul3
    November 11, 2014 at 9:26 am

    CREE

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