ANALYSIS UPDATED BY 6AM EST, LIKE ALWAYS
new CANSLIM swing longs: ANST
ANST is bouncing right off the 50 dma, on above average volume. Cut your loss with a close below the 50 dma, if the stock does not move higher immediately.
new speculative CANSLIM swing longs: ZOLT FSLR CSUN
ZOLT is breaking out of a year long cup with handle pattern, on very strong volume. Cut your loss with a close below the 50 dma, if the stock does not move higher immediately.
FSLR is bouncing right off the 50 dma, on strong volume. Cut your loss with a close below the 50 dma, if the stock does not move higher immediately.
CSUN is bouncing off the very recent support, on strong volume. Cut your loss with a close below the 13.75 area, if the stock does not move higher immediately.
new speculative swing longs: ROMA ELTK
ROMA is bouncing off the 50 dma and breaking out past the April and May resistance, on strong volume. Cut your loss with a close below the 50 dma, if the stock does not move higher immediately.
ELTK is breaking out of a year long saucer with handle pattern, on below average volume. Cut your loss with a close below the 50 dma, if the stock does not move higher immediately. This is not a good long for inexperienced emotional traders due to the low average daily volume, cheap stock price, and the low volume on the breakout.
adding to existing speculative CANSLIM/CANSLIM swing longs: CYNO
CYNO is bouncing off the 50 dma, on above average volume. Cut your loss with a close below the 50 dma, if the stock does not move higher immediately.
adding to speculative swing longs: MNTG
MNTG is bouncing off the 50 dma, on strong volume. Cut your loss with a close below the 50 dma, if the stock does not move higher immediately.
