Broke resistance today. Another stock in the same group (OLLI) had a very powerful break out today. IBD rating of 99 Long @ 194.20
Crossed the 50 days line early in the day at high volume. IBD rating of 99. Keeping tighter stock than usual as this one had a significant pullback in volume, although it was because of a secondary offering. Long @ $22.57
Growth names seem to be rebounding in the market today. This is a particularly strong company on what it does. Since this is earning season, looking for names with earnings not too close. This one reports in September. IBD perfect rating of 99. Long @41.17. Tighter stop than usual given recent volatility in these names.
Broke out in the morning at double the volume. I am a little hesitant to go with breakouts this time given the current volatility, let's see. IBD rating of 99. Long @ $191
Got a nice profit on this one before yesterday's big drop. Back on it after reversing higher and crossing the 50 days line. IBD rating of 98. Long @397.70
Sold this one on the big market drop yesterday for a tiny profit. IBD rating of 98 Long @54.25 Back at it, still looks very good. It should breakout depending on general market conditions.
Broke out to new highs on 75% above usual volume. Didn't like the partial retreat at the end of the day thought, would have like it to close to the top of the day range, but volume is strong. Long @ 327.02
This one made a very strong move above the 50 days line in 50% greater than usual volume. It should not have problems making up a new high from here unless the market tanks. Long @ $55
Breakout today, seems like it failed at the end of the day, but entire market followed the same pattern at closing. Volume was higher throughout the day on the way higher and lower on the retreat, a good sign IBD perfect rating of 99. Long @ 645.90
IBD rating of 98. Long @ 120.21
It needs to convincingly break out of the 200 line to be able to go higher.
Now at the top of the range. Until it convincingly breaks out of this range it will be stuck on this area.
Similar chart pattern on Thursday for the third time in a month: small gap at the open, then small indecision candlestick, possible an evening start formation? QQQ up the last three session, time for a breather. Also the Dow found resistance yet again at the 200 days line, plus the SP500 is at the top of the trading range since June 11. Long SDS at close of...
IBD perfect rating for 99 Long @ 67.78
IBD perfect rating of 99. Long @ 16.83