CSUN Long: (Technology Sector Solar) With a target price of about $4.75 or about 50%, this makes CSUN a chart worth looking at. CSUN has been forming a bottom from mid-May and has made a double bottom. With a small Bullish Engulf followed by a gap and strong bullish candle yesterday that engulfs the big three and a rounded bottom breakout is why this is a featured trade idea today.
EXTR Long: (Technology Sector Communication Equipment) EXTR closed Friday with a Bullish Candlestick Morning Star pattern. Also, Friday’s candle engulfed the big three and closed over the T-Line, not to mention it’s also one of our rounded bottom breakout strategy plays with about 29% to the 200-day simple moving average.
My entry plan idea: To start a position below $4.38 and above $4.20
My stop plan: $4.14
Long: BLDP (Industrial sector diversified Industrials) BLDP has formed a double bottom Bullish Engulf with follow-through off of the 50 SMA closing yesterday above the T-Line and the 20 SMA. If you look at the daily chart, you should be able to see the stair-step to profits starting in mid-May, and I see the possibility of a 30% to 40% move in BLDP.
My entry plan idea: (Currently already own) A buy or an add-to under $4.50 and over $4.05 would get you in the coil of BLDP.
DANG Long: (Consumer Cyclical Sector Specialty Retail) DANG has formed a double bottom on the 50 SMA and 200 SMA, closing yesterday with a Bullish Engulf after a multiple-bar pullback. With bullish follow-through and fairly decent market conditions, I’m looking for a 15% to 25% target.
AAPL Long: (Technology Sector Consumer Electronics) Yesterday AAPL broke out of the recent high forming a bullish J-Hook pattern or a continuation pattern. On June 25 a Doji was formed followed by a classic bullish rally, three days last week walking or consolidating to the right, and then yesterday gapping and closing bullishly forming the J-Hook pattern or the continuation pattern. Remember that targets are just merely a direction. Be a profit trader and monitor APPL on the way to $100.00 then $104.00 and possibly higher reevaluating along the way.
TSEM Long: (Technology Sector Semiconductors) TSEM over the past couple of weeks has painted a double bottom followed by the bulls being in charge with a morning star-type candle pattern followed by a doji and then a gap up, closing above the T-Line and the 20-day simple moving average last week. The weekly 200-day simple moving average is approximately 20% away, and that’s about what I see as the next target
ZGNX Long: (Healthcare sector – Drug Manufacturer) ZGNX produced a Bullish Kicker Signal yesterday closing the 50-day simple moving average creating a Hit-And-Run Candlestick Rounded Bottom Breakout. With 25% from yesterday’s close to the 200 sma and about 40% to the 200 sma on PBO entry near the 50sma.
CERS Long: (Healthcare sector – biotechnology) CERS Has been forming a base from early may and has attempted to breakout over the big 3 two other times. Recently CERS has painted a double bottom with a piercing candle and follow through that closed over the big three yesterday, and with 32% to the 200 day simple moving average, and what could be the completion of a cup I think CERS is worth considering.
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What is triple witching: a day, a time, a curse? In fact, despite its witchy name, triple witching refers to an important event in the world of stocks and investments that happens four times each year. On the third Friday of March, June, September, and December, the contracts for stock index futures, stock index options, and stock options all expire at the same time: a triple witching. This daylong event, which is sometimes referred to as “Freaky Friday,” is an important day for short-term investors because the markets tend to be turbulent and unpredictable, shifting erratically as traders attempt to offset their orders before the closing bell rings.
