The MM (Millennial Media) long trade setup has triggered an entry on a break above 1.79 today. T2 remains the final target at this time with suggested stops of 1.71, if only targeting T1 (2.07) & 1.54 if targeting T2 (2.84)
Long Setups are stocks or ETFs that are in a bullish technical pattern formation that are poised to break-out and provide an objective long entry. This category may also include stocks that have already triggered a entry but still offer an objective entry or add-on, such as a during a pullback to support.
-+*I received a price alert on AXU (Alexco Resource Group). This mining stock has taken out dual-resistance levels today; both the downtrend line as well as the horizontal resistance at 0.45 and looks to provide an objective long entry here. I do have my concerns [continue reading…]
-+*The previous trade on JO (Coffee ETF) was entered literally the day coffee bottomed on Nov 6th and closed out at the final target for a 64% gain less than 4 months later. JO will now be added as a new Long Setup with an [continue reading…]
-+*MM (Millennial Media) will trigger a long entry on an intraday break above yesterday’s high of 1.79 (1.80 buy trigger). T2 is the final target at this time with suggested stops of 1.71, if only targeting T1 (2.07) & 1.54 if targeting T2 (2.84). note: [continue reading…]
-+*GMO (General Moly Inc) was trading at 0.49 when covered in the Feb 19th Rare Earths video as one of the more promising candidates in the Rare Earths sector. After taking out triple-resistance (horizontal, trendline & 40wk-ema), GMO recently traded as high as 1.00 before [continue reading…]
-+*GDXJ (Junior Gold Miners ETF) will trigger a long entry on any move above 25.31 (blue horizontal line). This would be a breakout of the ascending triangle pattern defined by the blue horizontal resistance line and the dashed blue uptrend line off of the March [continue reading…]
-+*As a follow-up to the recent ANR trade setup, I just wanted to share the fact that shortly after that post, I tweeted out a handful of other coal stocks that look poised to rally; $CLD $NRP $ACI $SXC $BTU $JOY $WMLP I’ve included my [continue reading…]