NFLX has pulled back to the 20 day ma, oversold, and is trending nicely. Could be a pivot level, though the risk is pullback continues to the 50 day ma.
Thursday, June 24, 2010
Today's Entries: NFLX and ADM
I entered NFLX and ADM today.
NFLX has pulled back to the 20 day ma, oversold, and is trending nicely. Could be a pivot level, though the risk is pullback continues to the 50 day ma.
NFLX has pulled back to the 20 day ma, oversold, and is trending nicely. Could be a pivot level, though the risk is pullback continues to the 50 day ma.
Thursday, June 10, 2010
Breakout-Pullback: VMW
I entered VMW yesterday on a breakout-pullback setup. Note that stochastics are now oversold and price has moved back to the bottom of the breakout bar on declining volume.
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