BUY CNXT $1.39
BUY CWTR $6.00
BUY HSD.TO $24.02
CNXT broke out today with good volume. The 50 day MA is just about to cross the 200 day MA which is bullish and stock had been in a consolidation phase over the last month or two.
CWTR bounced off the upward trendline over the last few days and traded abnormal volume today. This has been on a nice trend lately so lets see if it can continue its momentum off this bounce.
HSD.TO is the horizon betapro bear on the S&P500. Today looks like the candle formed a bearish engulfing candle and the top of the right shoulder in a head and shoulders pattern formation. In the short term, I think these markets are losing steam and the falling tops are a sign of pessimism. I will look to cover this as it nears the neckline of this formation over the next week or two.
BUY CWTR $6.00
BUY HSD.TO $24.02
CNXT broke out today with good volume. The 50 day MA is just about to cross the 200 day MA which is bullish and stock had been in a consolidation phase over the last month or two.
CWTR bounced off the upward trendline over the last few days and traded abnormal volume today. This has been on a nice trend lately so lets see if it can continue its momentum off this bounce.
HSD.TO is the horizon betapro bear on the S&P500. Today looks like the candle formed a bearish engulfing candle and the top of the right shoulder in a head and shoulders pattern formation. In the short term, I think these markets are losing steam and the falling tops are a sign of pessimism. I will look to cover this as it nears the neckline of this formation over the next week or two.
Comments