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WFM Testing Top of Large Basing Pattern

WFM (Whole Foods Market Inc) is too overbought for my comfort level after a very extended, near-vertical rally from the bottom of this 1.5+ year basing pattern to the top of the trading range. As such, my preference for a long entry will either be a breakout above the top of the base IF the [...]

Apr 17, 2017 11:29am|Categories: Long Setups|Tags: |2 Comments

TNDM Unofficial Trade Idea

Too aggressive to meet the criteria for an official trade idea but for those interested, I just took a small position in TNDM at 1.01. It has been my experience that companies will often vigorously defend their stock price to keep it above the 1.00 level for several reason (avoid delisting notices from the exchange, [...]

Apr 17, 2017 10:36am|Categories: Unofficial Long Ideas|Tags: |0 Comments