ATHX is one that we had success with recently. We are doing some buying here.
Although they don't trade in lock step with the Dow, we're going to take some profits on these two as the index is slowly grinding to a halt if not exhibiting a little relative weakness. But rest assured, we'll be watching it all..that is after we run out and buy our New Years Eve hats, glasses and blowers.................................
Just thought I'd add a chart of RSOL with a bunch of indicators thrown in..Bollinger Bands, All Moving Averages(of which RSOL is now above!) and of course Volume!
Notice the horizontal line up around $3.40 where it had most recently broken down from.
Let's see what next week has to offer as this one has shown to exhibit sloppy trading patterns.
After having initiated a new round of longs in GALE this morning, we are now increasing our po
Unlike the ones used on a golf course, wedges on charts usually don't let us down ;-)
CPRX seems to be breaking out of an extended wedge pattern on top of having cleared all the main Moving Averages. Additionally, it looks as if the 20 Day is about to cross up through the 50 Day. This one could get interesting!
CNDO is one of our core holdings from early December. It has re-taken it's 50 Day MA at around $2.60 and we'll be watching closely to see how the rest of the day unfolds. Stay in touch!
So, we had r small long position in GALE a couple of days ago and have decided to watch from the sidelines for now..will definitely keep an eye out.
Aside from us that is :-). We have added to our position..And as the Daily chart above shows, a move higher will leave an unfilled gap..that and the 12 days it'll take for shorts to cover makes this one a good risk/reward play.
Let's see how it handles this pop above immediate resistance...S
APRI showing some support in the pre-market due to an approval in France for their erectile dysfunction cream.
We are noting the 200 Day MA standing around the $2.23 area
So, here's what we saw today in ATHX..basically we want to see pullbacks that hold. Tomorrow could be an interesting day as this one's shown a proclivity to drop on the open only to rally later in the day. Stay tuned!
As per our Newsletter sent out yesterday evening, we suggested that it's around that time that some of the prior movers(GALE, PRKR, CNDO) start a moving again. We like what we see developing in GALE and have re-entered a long position.
So, due to better potential opportunities today and in an effort to not spread ourselves too thin, we are reducing our holdings on this one and getting out at just about breakeven. Again, getting in at great prices gives you that flexibility. We'll still be keeping an eye on TWER for sure!
This one can be very volatile so proceed with caution. That being said, when it goes, it really goes. We believe that there's "something going on" and have decided to join the party. More to follow.
We've cautiously added to our recently established position in TWER as indicated in this post from a few days ago .
If we can successfully hold and keep above the 200 Day MA($2.61) then our short term target is around $2.90.
As per our Newsletter, we're watching this one closely in Stealth Mode and have even added a bit to our positions. We'll follow up with charts and observations later.
Update: We are approaching what we believe to be support in the high $1.30's to low $1.40's. So, we're watching to see how this one reacts if it should hit this zone.
So, obviously the street was not satisfied with earnings. It is our general rule, spelled out clearly in our most recent Newsletter, to not hold sizable positions going into earnings. So, if you haven't already, please make sure to sign up for our Mailing List and receive this important, time sensitive information.
That being said, presently we're looking for an exit point on our remaining holdings. This zone will become more apparent as the day progresses. Clearly any move back into yesterday's range might prove a worthwhile place to get out.
The important message here is that we never do the "more-on"(moron) trade. That is, we don't buy just to average down UNLESS there's a good reason. More to follow!
FCEL is riding the alternative energy wave recently and more particularly, in today's action.
We feel that there's more end of week buying to be accomplished.
So, as a follow-up to our post this AM, we kind of like the way FCEL is holding today's pop..albeit it a muted 6% move. There's still plenty of time left and as visitors to our site no doubt are aware, it probably makes sense to follow us on Twitter or visit the site on a regular basis as we won't hesitate to get out if we start receiving conflicting signals. But for now, we're long and strong FCEL
Bullish news after the close yesterday manifested in the pre-market today of which we decided to lighten our position and book a 27% profit..stay tuned as the actual trading day should provide some interesting opportunities!
We have noticed some consistent support in TWER even at the high end of it's daily range.
So, we have initiated a small long position with the goal of capturing some profit should the market bounce in the next day or two.
The Stealthy Trader
An experienced trader with over 15+ years of markets experience utilizing proprietary filters and analysis tools to uncover low risk trading opportunities.