Boom had a nice day today. Would of been nicer to close above the trendline or the 61.8% retrace.. but we still made headway, and the resistance gave nice profit areas for traders. Next week should be interesting with the split looming. Good Luck.
DT
Been swamped today, but quick update on 4 stocks.
MNTA: POS
BLDP: lightened up at 5.69 as trendline resistance is there. I also have a tight stop on that one.
HOM: Added in 4.90's
BOOM: Looking good.. Nice pennant building on intraday .. take care cause there is still plenty of overhead resistance.
Good Luck.
DT
Having problems uploading images, but BLDP has a nice cup and handle on the 15 minute chart over the past few days. Broke the pivot point and the bottom of handle should provide a nice stop area. Take your profits as it runs up as there is still resistance on the upside with trendline and 10 and 20 sma's. Also, nice morning star on daily chart.
DT
SCLN is moving on higher volume. Looks at my previous posts concerning the trading range. Here is a link to my annotated chart on stockcharts.com.
DT
http://stockcharts.com/def/servlet/SC.web?c=SCLN,uu[w,a]dacayyay[dc][pb10!b20!b50!b200!i!f][vc60][iut!ub14!la12,26,9!lh14,3!lc20!ld20!lv25][J59362951,Y]&listNum=4





