Lincoln Alerts Stocks For 9.18.14
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Just posted a new blog entry What I Learned From Grenadeing My Account
Here are a few stock ideas for tomorrow
$LE $CNCE $LRCX $RPRX
LE
I haven’t payed attention to this one in the last few days but this is a nice breakout chart that turned short term overextended. I love these set ups the most. I would be looking for an early surge above 48 to maybe 50 to start the short. If this gaps down it would be disappointing because that is not the trade Im looking for.
CNCE
There is a little parabolicness in this chart. It doesn’t have the massive range as some of the others but its worth a look if we can get one more push over 14.59. Short biased from here
LRCX
Reminds me of BITA in its early stages before it went nuts. There is alot of slow up grinding on this intra day and I generally drop those for more volatile plays but I wil watch it and see if there is a good level to trade from
RPRX
This is like a reverse parabolic. This thing has gone down every day for the last 2+ weeks but at least today we saw a real thick panic sell at the close. Those moves tend to reverse. There could be a bounce trade here lining up but I would need to see a support level get tested at least twice before buying in and it is a trade only.
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