I lost my changes to this post so I tried to recreate it after the fact. Not going to worry about it now. Some of this is right and some was left from the day before. :(
The whole market that I pay attention to was tanking today. That said most charts are still in tact.
XCO = Opened down and closed down. I'd have likely gotten out at open but if not there is still hope for this chart. It bounced of a major support area today and if it can consolidate it is still in play. It is still way above the 8 day so no worries yet.
The whole market that I pay attention to was tanking today. That said most charts are still in tact.
XCO = Opened down and closed down. I'd have likely gotten out at open but if not there is still hope for this chart. It bounced of a major support area today and if it can consolidate it is still in play. It is still way above the 8 day so no worries yet.
OCLR
= Gapped way down. This is now off my radar till it has a chance to decide what it wants to do.
MUX = I dont think this has really changed so if it opens red or
has a G/R snap. Id expect it to be a good short to the 1.75 area.I would
use the previous close as my risk. earnings are due to come out on 3/14
so I would get out before that
CZZ
= This opened weak and went G/R where I would have sold it like I
advised. The chart is still strong but Id wait to see what it does from
here. Guessing it might consolidate for a bit but might give back a
little before another leg up.
FAX
= Id have gotten stopped out but I would expect to see this go sideways
for a bit and retest the 4.81 breakout level. If it opens up above 4.81
then i would expect it to run to 5.00 ish level over the next few days
if not quicker
UMC
= This still looks good but has not yet tested the 2.12 area. I would
stick with this until it drops below the 21 day SMA. Watch for possible
breakout at 2.12 with a possible multi day run near 2.30
HK = Still holding - Nothing has changed here. 1.64 is major resistance and might be a good place to sell but may hold for a swing trade.
--- New on the 3/7/16---
WLCDF = Looking for a breakout at .341 but that is also a big resistance level so im not overly optimistic it will break thru on the first try. If it breaks it on high volume and holds above for a bit I would consider a buy risking against the .341 area and would look for possible up side to .40 since short term with room to grow.
EXK =Way over extended but on fire. Id expect a pull back to the 8 day or maybe the 21 day SMA in the next day or two. If it takes a little time to consolidate and then somehow gets thru 2.41 it would have a decent chance of running to the 2.80 to 3.00 range in the near future.
AUY = Interesting chart with a possible grind toward 3.75 to 4.00. RSI is very good and the volume is decent. AS long as it stays above the 8 day, I'd look to buy on a dip and see it if can make it near 4 bucks.
NGD = Looking for some consolidation or at least a test of the 8 day. Guessing it will not close much above 4.00 and hopefully go sideways for a bit. Looks like a good candidate to make more gains to the 4.75 to 5.00 range if it consolidates.
--- New on the 3/7/16---
WLCDF = Looking for a breakout at .341 but that is also a big resistance level so im not overly optimistic it will break thru on the first try. If it breaks it on high volume and holds above for a bit I would consider a buy risking against the .341 area and would look for possible up side to .40 since short term with room to grow.
EXK =Way over extended but on fire. Id expect a pull back to the 8 day or maybe the 21 day SMA in the next day or two. If it takes a little time to consolidate and then somehow gets thru 2.41 it would have a decent chance of running to the 2.80 to 3.00 range in the near future.
AUY = Interesting chart with a possible grind toward 3.75 to 4.00. RSI is very good and the volume is decent. AS long as it stays above the 8 day, I'd look to buy on a dip and see it if can make it near 4 bucks.
NGD = Looking for some consolidation or at least a test of the 8 day. Guessing it will not close much above 4.00 and hopefully go sideways for a bit. Looks like a good candidate to make more gains to the 4.75 to 5.00 range if it consolidates.
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