Friday, May 17, 2013

NFLX support and bounce play

NFLX, I called at 11:12 am that this will hold 236 and will bounce from here. See what happened and how it worked

SINA Bounce play

I had put a similar play in BKS earlier. When the fall happes so quick to support, it will bounce 50% approx. I called this at it formed on twitter/stocktwits and played it. Check the charts

SCTY long

Good long chart didnt fall below the 1st 5min, but would have preferred the 1st bar to be green bar.

ADSK short

ADSK short worked beautifully, only doubt on the fall was the 200 day moving avg, but it fell fast and fell below that.

Thursday, May 16, 2013

FB next step

FB may do good due to the monetizing of the mobile market. Lets see. These are the support lines as per the chart. I am divided.

ARUN up or down

ARUN potential for up above 18, on weekly you can see support on where it can go tomorrow since it is going to gap down due to earnings.

EGLE one day wonder

Dont' know the reasons but this is a one day wonder. CHeck out how well it played on the 5 min chart and how to play it for profits