PNSN - pretty decent given the market...the chart still looks good , watch 2.14s for support and early 20s for resistance
ICLK -went to the crapper with everything else
EK -held up pretty good, consolidation for a legup??? only if it holds the 3 area..
NTSP from the day before, hit a high of 5.25 closed up 9 cents has a bottom candle though I would consider taking profits even if its 10-15 cents , all these were meant to be for scalps ...
I know you stay away from large caps, but let me have your technical analysis on GLD, CRM and GS. Thanks.
ReplyDelete- Nepali_American
Sorry , but have not checked my blog in a couple of days ...was out on the beach
ReplyDeleteanyways
GLD - had a correction today, its below overbought levels right now...fat bottom candle, looks like its gonna drop some more...
but you really can't tell because if the market drops gold shoots up and if markets rally gold corrects ... so it all depends on what news hits the market on that particular day
I was all in for buying gold at 1400 and 1500s but after that it just shot up without any profit taking and any decent corrections and as for me i would have already taken profits by now because its scary up there to not realize profits ...
CRM and GS both those charts look the same to me ...analyzing them would be like analyzing the markets...CRM looks better to me than GS
jst my opinion
You listen to cramer a lot dont you ?
I just use him as a catalyst for scalps ...if he mentions some small caps on his show
scalped a good one on WWWW last time he mentioned it