Lincoln Alerts Stocks for 7.15.14
New blog post : Reasons We Dont Achieve Our Goals
Watchlist $KNDI $ $FB $LO $BMA
It was a pretty nice day with some great plays on KNDI and FB. We were on point with both entries getting long KNDI at $16.35 and FB at $67.12. Sometimes it pays to be in the right room ensuring that you don’t miss such great opportunities like this. Almost every day we see very similar top strategy plays. Don’t miss out on the next one. Join us in our live trade room free for 14 days
KNDI
We might as well start out with the being here today. Providing a cool 25% gain. Is not too much of a surprise because KNDI has done this before especially last February. If you’re not already in this long now is probably not the most ideal time to do so. If it’s going to break out to 20 I think it needs to hold the 1850 to 18 area. Under that there is a possibility that it might fade. However keep in mind that these things can still be very strong on day two. Take a look at the recent movements from last week USU. You will see what I’m talking about.
LO
This might be another possible breakout stock or I should say around to other breakout as it already has broken out somewhat. It stalled out today pretty much to the penny from Friday’s highs. If it struggles with that number again I wouldn’t hesitate to short but if you can build a good pattern and test that level I may consider along could move to 68.
FB
FB this thing has been in grind up mode for four days after bouncing off the 50 SMA. As with the previous stocks if there’s early-morning flush or very limited pullbacks like similar to what we seen over the last three days that breakout could be powerful and send that stock back to the highs of February. If not, as always, a possible short may be there just for a trade.
BMA
I want to start looking at list as a potential short. Up good over that week, rejection wick at whole number , high RSI Has the makings of a good short
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