Looking to join this longterm uptrend. Breakout on the 5 year chart continues on the weekly. Look for entry above 156.33. Stop below $146.00
Some may think we are late to the party on this, but if $CMG breaks the recent lows look for it to continue down through the $300-400 range. Look for the 200 day Moving Average to be resistance going forward and cover short position if it breaks above recent highs in 2016.
I am looking to enter $MGIC a low volume speculative play on the next high around $7.51. I have a stop loss of $6.81 to be set upon entry and hope for continuation of the trend breakout. Volume will make this a tricky position. Stop may not be wide enough, but based on the 20 Day ATR it looks to be a safe bet based on my systems approach to trading.
I am looking for a long entry in in $ABMD at the new 5 year highs on this weekly chart. I have a very wide stop loss at a low of $65 due to its recent ATR being high. This will limit my downside risk and upside reward, but if the chart shows changes into the future I will look to adjust my position size to strengthen my holding for potential gain.
Been following TZOO for awhile now and beginning to see movement off a long developing bottom. Good Entry Point now for a low risk (Stop below the bottom) and possible continuation of trend developing. Let winners ride.