Lincoln Alerts for 6.24.14
10 for 13 On Trade Alerts Monday. Join A Winning Team
Free trial available. Click here to Trade With Us Free
Watchlist $FEYE $YELP $DDD $CRUS
FEYE
This watchlist is going to resemble the old momo watch lists of January 2014 as I have some familiar names in here tonight. First we’ll take a look at FEYE this thing has grinded up nicely from mid-May lows and broke out of a nice double top pattern on May 10th. Now we have support at the 10 day moving average and a strong bounce today that closed at May 18 and May 19 highs. If this can move into the upper 39’s there is no real resistance in this chart until the low $43 range
YELP
This is another chart that is very similar to the move in FEYE listed above. You have the same lows around the middle of May grinding up into a flag pattern at the early portion of June and now looking to take out recent highs from last week. Today’s close puts us right on point for a nice breakout trade to the next resistance level which is slightly above $80.00
DDD
I’ll be the first to admit I have been very critical of DDD but this chart looks like it’s ready to break out. There was a lot of trouble back in late May just slightly above $55.00 but DDD has built a strong base off of 50 and today closed slightly above May 27 highs. Again, if the momo stocks are hot again tomorrow and this can stay above $57 I believe it can move easily into the next resistance area of $60
CRUS
This is a decent looking breakout setup. I’m looking to see how this will handle $24 if it gets there. That would take us back to the highs of April 29 and could provide a strong move to the next hole number of $25
Week recap and watchlist $SPY $SCTY $MOBI $COH $YNDX $HIMX $INSM $TAP Swings $KERX $OUTR
You might enjoy these other posts
5 Things You Must Do To Be Successful
How To Successfully Buy A Terrible Stock
5 Of The Wealthiest Trades In The World
When you know more you do more.
Here is what we got for you:
[column size=”col-6″] [service_type_2 title=”Live On Screen Day Trading” link=”http://thelincolnlist.com/subscribe-2/” icon=”icon-thumbs-up”]
We teach and you learn in real time. TheLincolnList uses a live screen share format for trade alerts and education. Learn live and thrive with our experienced and profitable team. Click here for a free test drive.
[/service_type_2] [/column]
[column size=”col-6″ last_column=”true”] [service_type_2 title=”Live Swing Trades” link=”http://thelincolnlist.com/lincoln-million/” icon=”icon-thumbs-up”]With the same format and attention to detail as our live day trade room we offer Lincoln Million swing trade.If your game is investing for big gains Lincoln Million is your solution Click here for a free test drive.[/service_type_2][/column]
* TheLincolnList.com website is for educational use only. Any opinions, news, research, analysis, prices, tweets, posts or other information contained on this website or any hosted public/social outlet is provided as general market commentary, and does not constitute as investment advice or a solicitation to buy or sell any security of any type. TheLincolnList.com does not take into account your personal circumstances so please do not trade or invest based solely on this information. By viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general information provided by TheLincolnList.com
Trading stocks has large potential rewards but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest or trade the financial markets. Don’t trade with money you can’t afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. For the avoidance of any doubt, TheLincolnList.com does not hold itself as a Trading Adviser (CFP or CFA). Given this representation, all information and material provided by TheLincolnList is for educational purposes only and should not be considered specific investment advice.