I want you to come out from under the stairs and have a look at these stocks, derived from a very special screen inside of The PPT. Not only does it look for technically strong stocks that are heavily shorted. But it also scans the entirety of the market for such names that’ve moved past, or attempting to move past, the all important 20 day moving average.
One time inside of the urinal room I overheard some chart people discuss their affinity for the 20 day moving average. Therefore, being the generous host that I am, I digitized your repugnant charts into list form.
Here are my favorites, from a layman’s point of view.
KWK
RBCN
MYGN
OCLR
Z
SAM
YELP
WAIR
NAT
UVV
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OCLR is killing it. It’s worth at least 2-3x.
Are you a chart person?
OCLR is playing with a breakout over 2.19/2.20
Does OCZ have any value left
bot GTAT yesterday based of short % and technicals
I like the look of WAIR. It’s been consolidating for a couple weeks after a nasty correction and finally broke above the top of the consolidation area today. Pretty well defined stop below today’s low. Minus is the very sharp downsloping 20-day MA. Might still be too early.
SAM looks interesting over 250, as does Z over 85.70
I think OCLR needs some more rest, but over 2.20 there’s nothing but thin air to 2.70
Are you a chart person?
I love SAM but everyone knows that lol I had like 3 blogs about it over past 3 years when I used to blog.
i think Z is a buy here after ER, I bought TRLA today already.
KWK might have gotten away today, might be not.. will see tomorrow
Boss,
CZR I have been watching this for a while now.. do you think it’s ready?
I do.
Hate casinos
Stop arguing I need you to agree lol can we all just get alone 🙂
I try again with hot potato please – TSLA tomorrow?
TSLA is going lower
How low would make it interesting for you?
to $00.00
Are any shorts still solvent?
what shorts?
Of course
Chart people may lack certain stake in the ground beliefs, but look at the chart of the spoos. Robots with rulers and crayons.
Virginia is gonna scare the shit out of the dems machine. How the fuck was it that close? Obviously none of the political bullshit will matter until it does. Wild guess?!? Jan 1 2014.
Senor Fly, if you were not up 50%+ ytd? Would you be playing this year end so intense? The tingle up the ass and vannity shows are being watched. They are perfectly showcasing the insanity.
FLY – KWK is another FTEK. You remember FTK, right 😉 I’ve been in KWK since the 1.60s. It’s about to roll.
haha, you’re dissing chart people but the majority of your bloggers are chart people. And quite successful at that.