Here are some charts for tomorrow.
LIFC had a strong move prior to earnings release tomorrow. Let's see if someone knew something, or if retail's are getting screwed.
GFIG is in danger of falling below channel.
GOL may break below support here.
HANS is acting like a leader again, and showed nice strength in a down market today.
RACK also showed strength and is trading near high.
NGPS has broken downtrend and is now in a nice little uptrend. They released after hours are were trading higher.
A reader asked for an update on CKCM. CKCM fell below support and is trading under 50 sma. It is wavering at support on the weekly chart. I wouldn't short for several reasons one being that any news will send CKCM gapping higher because earnings were actually pretty good. Another is that CKCM may be at support from the 61.8% retrace of the last leg up. I am flat on CKCM and waiting to re-enter.
ENG had a nice break of the pennant type consolidation.
HAL will be a good play if OIH gets a bounce in the next couple of days.
Thats it for tonight. I will be posting my gold charts tomorrow. GLD is back at trendline and may of double topped. I also have a few gold stocks to watch in case of a bounce.
Good Luck,
DT
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment