Textbook breakout here in Google (GOOG).
Ideally if you can get in on a pullback to $1043, it would offer a great risk/reward opportunity. [more]
Twitter (TWTR) is on the verge of a big first for the stock - breaking the down trend it has been in since the moment it started trading. Break $42.39 and you may have a runner on your hands. [more]
Nice gap up but it is looking more and more like we may have an exhaustion gap on our hands that may seePriceline (PCLN) return back to $1100 price level. [more]
You have two different patterns playing out here on the SPY.
The stronger of the two is the rising channel that the ETF is currently trading in. [more]
Amazon likely closing in on the need to pullback here.
I would expect a move back to the trend-line in the short-term likely around $360. [more]
It's very possible that we see Silver (SLV) pop higher but I don't see it getting over $20.50 in the short-term.
From a longer-term perspective, I see SLV going down to $17.75.
Here's the SLV technical analysis:
There hasn't been a short squeeze yet in Amarin (AMRN) - but the bulls do seem to have put a halt to the losses. The likelihood here is tha it has to squeeze some shorts. It is just too ripe for the opporunity. But that opportunity comes with a lot of risk! [more]
Nice bear flag developing in the short-term on the heals of a strong head and shoulders sell-off. [more]
With the breakout confirmed, it remains bullish, and with the flag forming at the highs, I expect that the next leg higher in this stock will get underway soon. [more]
At this point you can only judge and do technical analysis on Twitter (TWTR) based on the 5-minute chart. Perhaps you can sneak out to the 10 minute chart and still be okay but I'd stick with the former. [more]
Inverse head and shoulders pattern on Bank of America (BAC) continues to play itself out here. Above $14.60 and there is good reason to believe that $15 will fall soon there after.
Here's the technical analysis on BAC:
Lululemon (LULU) is trading in a perfect channel for now. I think you can get long on this stock at $69 and try to ride it back up into the $80's, but if youi do so, make sure your stop is just below the rising trend-line. [more]
Ascending triangle breakout in place with QQQ. If it can reach $83.41, the market should then see another major leg higher.
However watch $82.46. Below it and the gap at $80.80 is going to be filled. [more]
If it can't hold $974, then there is no reason to be long on this stock. [more]
There's a range between $6.25 and $6.56 that Blackberry (BBRY) is testing today. If it can hold, there may be the opportunity to trade a bounce in the stock. [more]