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michaelusher

Market Wizard
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Everything posted by michaelusher

  1. $UVXY should give it a nice run till $15.00 , testing resistance, if broken next should be $20.00
  2. Biostar Pharmaceuticals, Inc. (BSPM) has been a red hot biotech stock this week with shares jumping over 300%. BSPM should continue to be watched over the next few days.
  3. $SPY Short term bears will cover and run for the hills like usual. Do us all a favor and sit on the bench while the real bears play.
  4. $SPY Soros is a sneaky pig, I wouldn't trust anything he says or does. Icahn seems slightly more honest. But that isn't saying much.
  5. $ACM had a nice run-up and it looks today's price action confirmed the breakout $32.4 beware of false breakouts
  6. $LABD Looks interesting to me. Especially if it gets over 34. Stop at new lows. Watching 50 Level on Hourly RSI.
  7. $VRX Last but not least, Valeant is also interesting. Long with 25 avg. High 19s, low 20s, would buy, under I sell.
  8. S&P 500 - After a horrible jobs report, the S&P 500 is trying to break out on Monday. I think it could finally be for real this time. We went up on a horrible jobs report and the looming Fed decision isn't phasing Wall St. All signs point to a 2016 year end close between 2200-2325.
  9. $VRX Don't know why people hold straight shares thru binary events. Options strangle or any hedged position would be far more intelligent.
  10. Tesla (TSLA) is now trading back above $220. The stock rallied from $135-$260 a few months ago so profit taking was to be expected. Tesla (TSLA) will now have major support located at $200.
  11. Apple (AAPL) was lower this week after Goldman cut their price target. Apple (AAPL) is now a strong buy below $90. Resistance will be located up at $100.
  12. $AMBA fans may get their days now. Recent bullish resurgence was a good indication of a possible bullish outcome
  13. $PWE TBTEF got a few days to come up with a plan , PWE will be going to the bankers later this year with similar drama.
  14. $AVGO if numbers are not good, expect a severe punishment $136 is more likely than $170 area
  15. $IBM is one of a few bullish stocks that u should keep your eye on if market extends higher
  16. $BABA big fight is going and buyers tried to keep it above $8O but SS team never left the backyard
  17. $AAPL sellers need a bigger force than buyers so far no damage is done from May 13th bottom
  18. $TWTR Friday's positive price needs to stay above $15 but next few weeks will be crucial
  19. $TSLA recent strength may be weakening but keep your eye on $217 lower boundary and 233 upper boundary
  20. $NFLX failed to break above resistance Thurs & Fri. If it does 106, 110-112 possible Wait for it. Don't overthink it
  21. While most moved on light volume last wk, $BIDU had volume and looks ready for $191 and possibly $200 again.
  22. $QCOM upside momentum is not done yet. 85% is up from entry point May 06
  23. $AAPL Only thing that can hurt AAPL today, is an announcement that Einhorn bought some stock for his fund.
  24. $DYN how far it will go if it fails to hold $200DMA after 182% gain in a few months
  25. $AAPL rounded bullish bottom may give some boost and good to see if it pulls back to $95 before it shoots to $108
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