Pages

April 12 Market Tips (US)


XEL,mgam has been strong so far but at the end every stock follows the general market and they did today as well lets see how they behave in day or two... if I see they have any life remaining, I will add some...

AGP looks weak here.... Short it at 62.76 with stop at 64.76 and cover at 59.72.

AIG seems to be coming to test the breakout level. If market settles down little bit 30.45 range doesn't look bad...

CLNE LOOKS READY FOR BIG UP/DOWN MOVE

AMCC looks good here. It did have a major push high but again buying at 6.41 with stop below 4.03 and target at 7.10 looks good

AMCX is very weak..... If market shows weakness, this will be going down for some time.....

AXE may be good for 2-3 days.... with buying at low of today

XHB looks here.. here it may be checking out its long consolidation area.

At the end every stocks follows the markets trends and currently market is having its long time due pullback period and my long term indicator is showing bearish action so I am not planning to be heavily invested in this market..

No comments:

Post a Comment