stevepom

stevepom Updated 

PYPL may have begun a turnaround on Friday. It is teasing both the SMA 9 and SMA 300, with a possible gap fill beginning at around $82.69. Meanwhile, XLF bounced off the SMA 140, which I like to use as a support level.

stevepom

This has been consolidating since early January, and a good earnings report came out last week. Squeeze momentum indicator is screaming at me to buy, but I'll hold off until (if and when) it hits the $8.74 area of interest.

stevepom

First, full disclosure - I took a position in MNMD on Monday of last week after it popped over the $5.00 barrier; it was a Trade Ideas (TI) "Trade of the Week" play, and I took it after careful tech analysis and considering the successes of the TI recommendations of the past. The stock took a dump on Tuesday, but I stayed in it because I thought the turndown was...

stevepom

BOWL has burned me in the recent past, but it looks like it is getting a lot of support. It just bounced off the SMA 50, and it is approaching the converging the EMAs 8, 21 and 34. There is a high short interest in BOWL, which is what caught my attention. I bought in way too soon before I got stopped out. I will consider trying again if it can break the recent...

stevepom Updated 

Bought this after the 27 Dec 2023 breakout. Didn't sell during the pullback, and it bounced nicely off the EMA 8. I suggest waiting for another 8 EMA pullback if interested in buying. I'll be riding this up with stops under the 8 EMA.

stevepom Updated 

EKSO hit a 52 week high on 12/30/2023. The weekly volume has looked good over the last several weeks. If this stock goes above the high of the day the last day of trading, I will place a small stake. If I make a decent profit, I will take it, but I will keep some shares; the product looks very interesting, and this could become a great story company.

stevepom

9 January 2024 GCT has shown up on my >= 52 week high scanner the last few days. Volume over the last couple weeks looks good. Looks like the 8 EMA has been respected for a while if you want to wait for a pullback, or trade it if it moves above the high of today (24.01) with a stop below the low of the day (21.12 - hey, that's a Rush album lol!). The 2 methods...

stevepom

BHVN hit a 52 week high on my scanner 1/8/2023 with very good volume and a strong closing candle. If this takes out the high of the high tomorrow, then this stock is in play. Be sure to wait for things to settle down for at least 15 minutes after the opening bell before making any trading decisions. The 2 methods I like to use in these cases: 1: Wait for the...

stevepom Updated 

INTC has had a nice, recent run up; it is forming a possible bull flag. I will keep an eye on it Tuesday and place a trade if the pattern holds. Holding well above VWAPs from recent lows before the run up. If I trade it, I will place a stop just below the EMA 8.

stevepom Updated 

ASX has been on a roll for the last nine weeks. If it can take out the resistance at 9.62 (The all-time high), then then this might go up much higher. The VanEck Semiconductor ETF SMH has been in a nice uptrend, making the semiconductor sector an attractive market. Also, ASX has a good dividend - a good bonus for long-term holders.

stevepom Updated 

Happy New Year! IRWD had decent volume today, and it formed a very strong bullish candle. Looks like an almost 52 week high on a rough market day! Will consider taking a long position tomorrow if it trades above the high of today.

stevepom Updated 

Company has given very positive Guidance. Great volume today. Not the best candle, but might have been better if the market showed better strength. High short float might get this moving with a squeeze!

stevepom

Great move up today with great volume during a down day for the overall market.. This came up on my 39 week high scan today, but it also came up on my scan on 12/22/2023 when I bought some. I might add to my position if the market starts to behave itself!

stevepom

OSW recently made an almost 4-year high with good volume. It has pulled back to the EMA 8 and also bounced off the AVWAP from 12/18/2023. Will look to buy a long position if it moves back up with a stop under the 8 EMA.

stevepom

AUTL has gapped up, forming a possible bull flag. I will keep an eye on it Tuesday and place a trade if the pattern holds. Several AVWAPs can act as support, and I will place a stop just below the EMA 8.