NCI set strong two day support at 9.80 and launched from there. This company is horrid at best but many are choosing to ignore that. I will be looking to short when the parabolic pattern exhausts itself as it did yesterday. [wikichart align=”center” ticker=”NCI” showannotations=”true” livequote=”true” startdate=”03-02-2010″ enddate=”03-08-2010″ width=”570″ height=”365″]
After a gap fill and then a break of the 7.10 area ARNA took off. Not surprising as this stock is predictable under momentum. A little high in the 7.40’s . Be wary of a late day sell off into earnings. Could break out more if it passes 7.50 [wikichart align=”center” ticker=”arna” showannotations=”true” livequote=”true” startdate=”03-02-2010″ […]
NBIX breaking out at hod. Nice turnaround from the 5.75 pivot. 6.25 is top side resistance on the daily chart. If you are not in it long this might not be the best of entries. See if it can hold above 6. [wikichart align=”center” ticker=”NBIX” showannotations=”true” livequote=”true” startdate=”03-02-2010″ enddate=”03-08-2010″ width=”570″ height=”365″]
Approaching double top resistance at $6 intra day. 6.19 would be next upside on daily chart. I might play a breakout if the action warrants at the $6 level. [wikichart align=”center” ticker=”NBIX” showannotations=”true” livequote=”true” startdate=”02-02-2010″ enddate=”02-08-2010″ width=”570″ height=”365″]
A swift tank fromĀ the 6.65 level. Looks to be topping off the rebound at 6.55 area could see a low of 6.35/25 [wikichart align=”center” ticker=”BJGP” showannotations=”true” livequote=”true” startdate=”02-02-2010″ enddate=”02-08-2010″ width=”570″ height=”365″]
I took the wrong side of the fence this morning. Chart looked to breakout but what a beat down shortly after. Whoever took the other side of my trade congrats. Good thing I cut losses quick at -150. My continue it’s dive. [wikichart align=”center” ticker=”dch” showannotations=”true” livequote=”true” startdate=”02-02-2010″ enddate=”02-08-2010″ width=”570″ height=”365″]
Ā Another parabolic opener and so far holding in the 1.80’s. This could be a multi day runner like PWER but at these levels it looks unattractive. [wikichart align=”center” ticker=”TRID” showannotations=”true” livequote=”true” startdate=”30-01-2010″ enddate=”30-07-2010″ width=”570″ height=”365″]
What an opening and what a continuation. There probably is no play in this as it is overextended here. Not a great short. Perhaps if there is a re tracement and a consolidation I may attempt a long day trade but I doubt I will touch it. [wikichart align=”right” ticker=”PWER” showannotations=”true” livequote=”true” startdate=”30-01-2010″ enddate=”30-07-2010″ width=”570″ […]
Another impressive run for ARNA. What a beast. Probably no play today as I will not chase it at these levels. LincolnList followers who played it off of todays watchlist, congrats. If ARNA can shave a little of the price a build a consolidation level I may try a scalp long. [wikichart align=”right” ticker=”arna” showannotations=”true” […]
ZAGG still on the run upĀ from the Best Buy news. Way overextended in the high 3.40’s. Looking to short soon. Will most likely pull the trigger in the 3.50’s if it gets there. If not probably somewhere in the high 3.30’s [wikichart align=”center” ticker=”ZAGG” showannotations=”true” livequote=”true” startdate=”29-01-2010″ enddate=”29-07-2010″ width=”570″ height=”365″]