Archive for the Stock Market category.

Trade Idea – Novavax

posted by tony
file under Stock Market

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The stock has bounced strongly from its recent lows and could continue next week. More importantly, this strong bounce has been supported by insiders. Watch for a break of the 2.41 area to continue the short-term uptrend. Use tight stops.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical example.

Trade Idea – Twitter

posted by tony
file under Stock Market

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Shorts were squeezed in the last session as the stock gained over 20% on buyout Rumors. The stock finally broke above the $21 area for the first time in weeks. Lets see what next week brings to shareholders. From a technical standpoint, pullbacks to $21 are buyable.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical example.

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Strong breakout today with volume. The stock price hit a high of $14 which is now resistance for Thrusday’s follow through move.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical example.

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