RFMK: Alerted this one via email @ $0.0046 on Friday and it finished the day with an awesome close @ hod. Expecting the penny level to act as a magnet this week as long as the company doesn’t dilute the thing to death. Key support is $0.0055-.0055 and key resistance is $0.0075.
ERBB: For my thoughts on this you must be a watchhimtrade.com subscriber.
NFLX: The bounce on Thursday ended up just leading to a lot more downside, almost extreme downside, as evidenced by Friday’s price action. Now with the stock so close to $400 I expect that level to act as a magnet to see if it can be key support or not. Holding $400 sets up a better bounce attempt, but resistance is now clearly established between $415-$420. Overall, stability > $425 is what’s needed to set up a resumption of its intermediate-long term uptrend. Should NFLX lose $400, key price support is @ $397-$395 with $380′s being in play < that area. Anything $410 and below leaves NFLX vulnerable to that $400 magnet and possible breakdown.
TSLA: For my thoughts on this you must be a watchhimtrade.com subscriber.
AAPL: For my thoughts on this you must be a watchhimtrade.com subscriber.
PCLN: Gave up all of its gains from its bounce attempt the last week and still seems poised to be able to trade lower. $1267 is a key rp sup (the low from the last 2 weeks), < that level and $1240-$1200 is in play with $1255-$1250 being critical support. An ability to hold $1267 could set up a channel bottom with a bounce back towards $1300′s in play. $1275-$1280 is going to be a key over/under range.
AMZN: For my thoughts on this you must be a watchhimtrade.com subscriber.
GOOG: For my thoughts on this you must be a watchhimtrade.com subscriber.
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