$SBUX

Beautiful stock to own for the long term still.

The stock is finally breaking a long term consolidation base formed since Sept 2013.

OK to consider a long position at any point with a stop order at $67.00 on the double bottom breakdown sell signal and 52-week lows.

$SODA

A time to be careful and not to fall in the trap.

The stock has changed to a column of Xs after rising above $32.00.

However, the stock failed to generate a buy signal, and it remains in bearish phase.

This is not the to initiate a long position based on technicals.

Good luck

$BBRY

BlackBerry remains on a buy signal after a triple top breakout in this month.

However, the column has reversed to Os.

There is no known support until $7.50.

This is not the time to consider a long position until we see a new column of Xs.

$KNDI

Kandi Technologies Corp. returned to a sell signal after a double bottom breakdown after reaching $17.50

At this point, we should not consider a long position until we see a new buy signal.

Good job to those who had trailing stops.

$SIMO

Silicon Motion looks outstanding.

The stock remains in a column of Xs after changing back to June, when it also gave a double top breakout signal at $18.50.

PnF dictates that we remain long with a stop order at $20.00 on the column reversal to Os since there is no known support until $15.50

$NQ

Nice point to lock for profits if you have them.

The stock hit resistance at $6.50 on the  bearish signal (lower highs) today.

Since the stock remains in bearish phase, and in  a sell signal, it is not a bad idea to lock in profits.

Things could turn around in a second… keep the profits

$ARIA

Ariad Pharma remains in bearish phase, and in a sell signal after completing a bearish triangle.

It is also in a column of Os.

despite today’s jump, I would still be very careful.

Always wait for confirmation of a buy signal at least….

This could be a relief rally.

$PLUG

Nothing to worry about yet in Plug power despite this retracement.

However, we must keep the stop order  at all times at $4.75 on the column reversal to Os.

Keep in mind that this is a very speculative play, so perhaps the allocation should not be the same as a core position.

In the end, this is a little stinker stock and must be regarded like that at all times.

$INO

Well, this presents a new dilema…

The stock created a new buy signal today after a double top breakout at $11.50

However, the column will change back to Os tomorrow as long as the price remains below $14.00

Since there is no known support until $10.00, would it be good to take some profit off? (1/2 of the position)

I think so.

Good luck.

 

$AAPL

Apple is still a great stock to own.

It is on a buy signal, and although the column is in Os, it has formed a bullish signal (higher lows)

If you want to consider AAPL on this dip, set the stop order at $88.00 on the lows of July.

Ok to add a second traunch after a close above $98.00

$HOG

Not the time to go long… yet!

The stock is on a nice correction mode. The stock is on a sell signal after completing a bearish triangle at $68.00

The column remains in Os.

All thoughts about long positions must be dispelled until we see a new buy signal.

$PLUG

Plug Power gave a new X today!

The stock remains in a buy signal after a double top breakout at $5.50.

Time to raise the stop order to $4.75 on the column reversal to Os in at $0.50 scale. If you want to keep it tighter, set the stop order at $5.25 on a $0.25 scale.

$NFLX

All the bullish bets in Netflix are off at this point.

It was a good stock and it was on the daily pick yesterday, but I mentioned that the stop order should be set at $428.00 in case it did not work.

the stock has completed a bearish catapult after the double bottom breakdown, and we should not be long at this point.

wait for a new buy signal to develop.