Hi all. Short update tonight due to the current market indecision we are facing.
$FSLR: We had a nice rebound after testing resistance at 40.88. I believe there is a lot of upside to this stock with a target of 47.35 (50 SMA). Enter after the first 15min, put your stop below the low of the first 15min candle.
$AWAY: A very nice strong, proud breakout on good volume from the symmetrical triangle. Thanks to @innov8v for pointing out this trade! This is a market opening entry. My stop will be below the first 15min candle once it forms.
$AAPL: Lastly, I have been calling for this one and I have been ignoring my own voice. If we had gotten in on a close below 416, we had two days to take profits. Well, I think there is opportunity for more bearish moving. A close below 397.75 and we should be heading towards 388.
I think I may be over-trading and trying to force trades so I’m going to stick with these four for tonight. Good luck everyone!