This stock has a potential for a rubber band snapback to the 20MA with a potential for even more downside. Although this is a counter trend, it is getting ready to test the top Bollinger band and has extremely overbought stochastics. Looking forward to watching this one the next week or so.
This is a good looking set up. Looks like a pullback to support with double indicators. It looks like it will bounce off price support and the 20MA. This is a low float stock with nice range. Will be a good one to watch this coming week. A look at the intraday chart shows a curling up of the 9EMA. Look for this thing to break!
Took a swing trade on this stock on a pullback buy at an entry of 123.58 with a target of 130.69. This stock has started to pull back a bit from my entry but I am still in the green on the play. Looking for a bounce off the 20SMA for a push to the target. What you all think? Feedback is always encouraged and appreciated.
CERN has slowly been pulling back to price support, look for a bounce off 65.80 for a move to 69.28. Currently in a swing on this stock with an entry of $66.94. Stock is starting to move in my favor and I expect a good push next week! This is one of my first trades, so feel free to give me feedback.
