HBIO looks good. I traded it, sold 1/2 at 10% trailed thd rest with a tight stop, got stopped out on the pullback on the following day.
Ypf looks good but i dont like the fact it is trading near a previous consolidation price range.
Vist, it looks good, shallow base, volume dropping off,nice range expansion breakout on higher volume and close near the high of day, my only negative is that it only pulled back for a couple of days, that being said, it could be a sign of strength. I would trade the break out and put a stop at low of day. Either it has momentum or it doesnt. If not showing momentum then get out.
2 comments:
HBIO
HBIO looks good. I traded it, sold 1/2 at 10% trailed thd rest with a tight stop, got stopped out on the pullback on the following day.
Ypf looks good but i dont like the fact it is trading near a previous consolidation price range.
Vist, it looks good, shallow base, volume dropping off,nice range expansion breakout on higher volume and close near the high of day, my only negative is that it only pulled back for a couple of days, that being said, it could be a sign of strength. I would trade the break out and put a stop at low of day. Either it has momentum or it doesnt. If not showing momentum then get out.
What do you think predeep?
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