MSTR: Following recent recovery to $90- stock is overbought near-term
A short candidate at $90 exit at 92 closer to the 200 day mva. With reward levels 85, best case 80.
Despite price recovery from summer lows, intermediate-term downtrend in tact along with overbought daily momentum.
WFR: Quarterly recovery in recent trading action: (watch near-term behavior as a pullback name for Q$).
Looking for pullbacks at $33- chasing long trade here not timely, but FUNDI- support case. Q4 attractive set up.
NVDA: Like the intermediate-term but near-term short.
Trade: Short for pullbacks from 26-22.
Investment: Following pullbacks add for Q4 recovery corresponding with positive recent fundamentals.
BGC: a rare working momentum stock that has outperformed the market/sector.
Up over 160% since Q4 2006. (a cable play).
Looking for short here after recent highs of 39.50. (exit point)-
Reward: 50 day at 33.- any disappointment in this name is a valuable short play.
Defined exit of 39.50 helps manage the trade.
RBAK- use weakness to add – an idea for Q4.
No comments:
Post a Comment