Tested the interest zone based on VSA adapted to mid and small cap companies we can see how there's an interest to make a bullish impulse to cover the gap zone.
I like this channel re-entry area, though it may not the best time to go long since earnings are only one day away. I would expect to see continuation to the 66-68 range on a good earnings number.
What determines whether or not I take a position, up or down, in a stock , commodity, or futures contract?
WHAT IS THE SINGLE BIGGEST FACTOR THAT I SHOULD KNOW?
To me the answer is simple. Is what I am reviewing "TRENDING" or "RANGE BOUND"?
I need to know if a stock or commodity is trending. Why? RANGE BOUND assets are very hard to make money, long or...
Earnings next week will spike Seattle Genetics, given its history for last several quarters of beating the estimate. If the whole market drops due to some international jitters like Crimea, etc, SGEN may fall a bit , but has solid support at 31.
