Lincoln Alerts Stocks For 8.1.14
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What a month it was with +20,224 in just day trade gains! Most of those gains have been in the last 2 weeks as I was on vacation the first week of the month. We have be on fire lately. So stop by and check out our live trade room, it’s free to get started Click here to get started with us.
Watchlist $LOCO $SPWR $BG $SODA
LOCO
This is pretty much gone straight up since its IPO. Now that shares are starting to become more readily available it’s probably time to start looking at a short. You can reference the recent GPRO IPO. It started out with four strong up days followed by a few days of selling. That doesn’t mean that this is what’s going to happen here but after $18 price change in four days I’d like to start focusing on a decent short entry
SPWR
You can’t see on this particular chart but not only was this a breakdown in the making they reported earnings after hours and this thing is down even more. The next area of interest is the low $33 spot that was support from June 10. If there is a early-morning flush into that price I may take this as a long. However if it spikes a little bit at the open it might be worth your time to short it
BG
I had a pretty nice short in this to start the day. I really like these plays a lot. These early morning parabolic’s give you some great opportunities to nail some quick shorts. With the strong performance that it had and upper resistance at $80 I think this will offer a few more short opportunities tomorrow
SODA
After today’s beat down in the markets if there’s any stock that looks semi-decent the long it might be this SODA. There’s a really nice daily flag setting up, earnings are now behind the stock and it’s been in the doldrums for a while to do for a bounce. But just because it’s due doesn’t mean that it’s going to rip will just have to let the market lead us on this one
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