Technical analysis on several potential long-side swing trading candidates followed by some statistics on the recent unusually low correlation between the S&P 500 & its 11 sectors. The following stocks are covered in this order: RKDA, RTK, MBII, CRUS, FOX, WMIH, MDT & EXK.
An overview of some of the swing trade ideas that stand out at this time.
After hitting one or more of their profit targets (except for SUNE), the follow Long Trade ideas went on to exceed their maximum suggested stops and have been assigned to the Completed Long Swing Trades category to be archived for future reference: MBII- In the last update posted on March [...]
What started out as a 'quick overview' of the Active Long Trade ideas currently listed on the site, morphed into a longer video going discussing the outlook these long-side trade ideas as well as some trading tips & suggestions several ways in which to profit from the official trade ideas listed on the site. As this video is quite extensive, one could skip ahead to view the comments on any positions or trade ideas they are interested in. Registered users log in to view a listing to all trades covered, along with the point they are discussed in the video.
Wash, Rinse, Repeat: MBII (Marrone Bio Innovations, Inc) has once again hit the first price target, T1 at 1.35, for a 28.6% gain following the second new long entry or add-on to the original long trade idea. MBII was first added as an Active Long in this post back on [...]
After hitting T1 for a quick (3 hour) gain of 23% last week and continuing over half-way to the 2nd target before reversing, MBII (Marrone Bio Innovations, Inc) has now fallen back to the key 1.05 former resistance/now support level, thereby offering a new objective entry, add-on or re-entry for [...]
MBII (Marrone Bio Innovations, Inc) has hit the first target, 1.35, for a 22.7% gain in just over 3 hours since the entry posted earlier today. As is often the case, the stock immediately pulled back on the initial tag of this first target level. T2 at 1.76 remains the [...]
MBII (Marrone Bio Innovations, Inc) will be added as an Active Long Trade on this breakout above the 1.05 resistance level. This is an aggressive, low priced stock so DYODD & consider the proper beta-adjustment to your position size if this trade idea meshes risk tolerance & trading style. T2 [...]