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Post by huh on Jul 23, 2014 18:36:12 GMT -5
KNDI should be a good short with today's high. Hitting the previous high made on 03/18. Even if it forms a bullish pattern here (ie. cup'n'handle), could pull all the way back to ~15 for some FIBs & a gap fill. Nice topping candle on KNDI. 8% gain today alone if shorted at that 03/18 high. KNDI down 18% already from yesterday's call. Would expect a pullback to ~14.73-15.25 (which would be very bullish in the larger picture).
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Post by huh on Jul 24, 2014 10:30:04 GMT -5
PLUG could be working on the gap fill at $6. Also back in a channel; View AttachmentUgly daily candle/rounded top in PLUG after an overshoot of the gap fill. And that candle ended with a bear flag. Also above it's daily BB. Still above it's 100dma, but likely to lose that tomorrow. Would be an almost 9% gain today alone if shorted at $6 & held. PLUG holding the bottom channel. If I were day trading it, I'd cover if it holds over 5.50 & take the measly 7-8% gain, then re-short only if it loses that channel (currently @ 5.36 and rising). 5.61 should be the key resistance this afternoon, so If it were to go green today, it's near term bullish.
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Post by huh on Jul 24, 2014 10:35:51 GMT -5
Nice topping candle on KNDI. 8% gain today alone if shorted at that 03/18 high. KNDI down 18% already from yesterday's call. Would expect a pullback to ~14.73-15.25 (which would be very bullish in the larger picture). Would set a gtc hard stop now on KNDI short at 18.71 to insure a locked in gain ~16.5%.
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Post by huh on Jul 25, 2014 8:46:10 GMT -5
KNDI down 18% already from yesterday's call. Would expect a pullback to ~14.73-15.25 (which would be very bullish in the larger picture). Would set a gtc hard stop now on KNDI short at 18.71 to insure a locked in gain ~16.5%. Would move short stop down now to 17.35 in KNDI to lock in 22.5% gains. Would also sell at 16 if hit first for 28.5% and re-evaluate.
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