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.
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.
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.
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.
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
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
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.
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.
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.
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
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 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.
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.