MU has been bleeding bad the the past week, however, it currently sits on a tread line and today was its first green day in a while. I am giving this stock one more change at redemption. Entry: 28.34 SL: 27.84 PT: 31.00 NASDAQ:MU
CY is currently sitting on a major support level which opens an excellent opportunity for swing trades. Entry: 14.33 SL: 14.10 PT: 14.90- Quarter to full profits taken here depending on how the stock is holding up 2nd PT: 15.50-16.00 (If we can break above 15 resistance level CY
After selling off consistently since its earnings call AMD is now sitting on a major resistance level. If we can see a pull back it would set up a nice swing trade NASDAQ:AMD
EDU tried to break out after strong earnings before Thursdays blood bath which sunk it under. However, it still has potential as the potential with an average analysts price target of 93.50. Entry: 83.96- 10 cents above previous high SL: 82.39 PT: 92.36- 96.55 EDU
AMTD is forming a cup with handle formation that goes all the way back to late January. Entry will be break out of handle on strong volume. If there is not significant volume will look at break to new high as additional entry point. NASDAQ:AMTD
After MU sell off it is now sitting on previous support. This could give a potential aggressive swing trader an entry point. ********************Using small 10% portion of account**************** Entry: 29.81 SL: 29.53 PT: 30.80/ half, if it can break through I'll watch it ride up the previous gap down to 31.50 MU
MOMO is forming a not so perfect cup based formation, however, this explosive player can still bring in some gains. Tight trailing stop loss. Entry: 44.16 SL: 43.49 PT: 46.37 MOMO
SHOP is in the middle of creating an asymmetrical triangle, which could be seen as a continuation pattern. Happy Trading!
MGM has created a pretty nice cup shaped formation, however, with an oversold RSI, I believe this could go on and form a handle before a proper entry is given. Happy Trading! NYSE:MGM
TWO is in a short term descending channel. Makes it a good watch for a day trade NYSE:TWO
SIRI is currently at the top of an ascending triangle, looks almost ready to breakout if we can get some volume in there that'd be great! Entry: 5.52 SL: 5.41 PT: 5.80- 6.07 NASDAQ:SIRI
QSR is currently forming a descending channel NYSE:QSR
MS is set to breakout after earnings report on huge volume Entry: 47.10 NYSE:MS
NYLD touched the top of a resistance level today on significantly higher than average volume. Potential breakout if carries through tomorrow morning. Entry: 18.43 SL: 18.00 PT: 19.54- 20.15 NYSE:NYLD
AMD is currently forming either an ascending triangle or double top formation. Either way definitely a stock to watch. Looking to short at around 12.05. Looking to go long at around 14.50. NASDAQ:AMD
TDG was in a 7 week long consolidation and broke out Friday. However, volume was right around average at only an 8% increase of the 50 day average volume NYSE:TDG
Alibaba is set to breakout of an ascending triangle on recent news of its google competing speaker.