As expected it bounced back a little. Today’s move was fueled in part by analyst upgrade. They have called “bottom”:-).
Tag Archives: Bottom
WMT bounce back …
As expected it bounced back a little. Today’s move was fueled in part by analyst upgrade. They have called “bottom”:-).
LOW and MSFT
As expected in the last entry, LOW clsoed at 54.01. The intraday low was 53.68. However, the volumne was low. I closed my Jul 55 Put position at 2.00 opened a few days ago.
MSFT has been moving up a little bit in spite of declining overall market. If it breaks out from 27.5, it will signal a new attempt of bullish trend since it hit the bottom in March.
QQQ
QQQ is once again sitting at the support level 34. it’s forming a triple bottom. Selling is gradually becomming over-sold condition. Seek long entry in this area and set stop loss below 34.
QQQ
QQQ is once again sitting at the support level 34. it’s forming a triple bottom. Selling is gradually becomming over-sold condition. Seek long entry in this area and set stop loss below 34.