Kunal Desai Market took out short term support on friday in the 20dma. It will be interesting to see what the bulls are going to do with this dip. The volume on our down days has been much larger than the buy volume on the up days. Something that the bulls should be cautious of. We had …
Small rally in the Market as choppy range bound action continues as I suggested in the last post. However it has been decent stock picker’s Market last few days if you stayed within strong sector or buying stocks with strong relative intraday strength or strong stock on a pull back. $1365 gains in the Bulls …
Markets were a bit ugly today with the overnight gap down. We seem to be holding the 20dma for now, which is short term support. That is the level to watch for now. We had a sick day again today in the bulls room today with an 82% win ratio thanks to $fmcc $sci $fnma …
Gap up and fade all day in the Market along with many stocks closing way off from the high of the day.Not sure what might tomorrow bring, S&P-500 might be in a range above 20 MA for few days causing some choppiness in the Market. So i would be selective about day trading.IRBT,HTCH,RPRX CALX from …
Good Morning folks! Market finally had a pullback last week after some talk from the FED. It seems we stabilized at the 20dma. Even with last weeks weakness our longterm uptrends still remain intact and we did relieve some of that extreme overbought condition. I had a big week last week with over 8k …
Happy Memorial Day as we give thanks to those who served this great nation. Hope everyone having a great long weekend. Another great week in Bulls Boom Room with over $8600 gains after over $7K back to back gains. Here is my trade review for UNXL:How to trade bottom bounce squeeze. Make sure to check …