I've received a few comments lately regarding the strength of the Russell 2000 (small caps) so I made this video to share my thoughts on the index. I also covered the charts on the following components of that index in order to get a better feel on where the index itself is likely to go [...]
i'm having a hard time keeping up with the trades today with both longs and shorts hitting targets or breaking out shortly after the open. the MNTG new short (added just yesterday as an active trade) has already hit & exceeded both T1 & T2 for a 13.3% gain (to the T2 level, i don't [...]
this one is for more aggressive, active traders. MNTG was a recent short trade that was closed on sept 10th when it hit T3 (final and preferred target) to the penny for a 37% gain. since then, literally just 8 days/6 trading sessions ago, the stock has bounced a whopping 42% all the [...]
MNTG has hit the final target for a 37% gain from entry (current price is 3.20, final target line is at 3.18 but i prefer to cover a few cents above & just took profits at 3.21). as this was the final target, MNTG will now be moved to the completed trades category. charts in [...]
here some updates to the active short trades. any active shorts not listed here still look fine technically but feel free to email me if you have any specific questions on a trade. [...]
the MNTG active short trade is trading up about 6% to right about the former 2nd target level (now resistance) as well as the converging 200 & 20 ema's. i am still short MNTG from entry and plan to continue to hold out for T3 unless the stock makes a solid close above this triple [...]
MNTG has hit T2 and is current a 24% gainer. consider lowering stops or taking profits, depending on your own trading plan. i continue to prefer T3.