BUY INTC $19.79BUY BZ $2.15
BUY STAR $23.98
SELL MRNA $1.46, -11%
SELL CNXT $1.67, +20%
SELL ENTR $3.04, flat
SELL 1/2 INTC $19.37
BUY RAD $1.54
Markets were firing on all cylinders today as Oil rebounded over $3 and US$ declined again. Nasdaq and S&P500 broke out of their trading ranges and the TSX rebounded nicely with the jump in Oil.
BZ broke out of the short term trading range today and also broke its downward trendline with massive volume. Up 7% on this today.
STAR is trading in a upward channel following the 50 day MA. Looks to be holding the 50 day and I've got a tight stop right under. Will watch to see if this stock can reach the upper channel again towards $28-29.
MRNA looked weak today, breaking down below the 50 day MA, although its still above the upward trendline. The 15 and 20 day MA's are right below, which may provide a bounce but I decided to take a small loss on this one and move on.
CNXT has been looking good lately as of the break few days ago. Gapped higher today and formed a doji candle. They will be reporting earnings after hours today so I thought I would take my profits and wait to see how the market reacts to these earnings tomorrow. I may revisit.
ENTR has been consolidating nicely and they are reporting earnings after hours today too. The reason I got out of these is because I don't want to be holding these as they report. Stock could move significantly either way tomorrow morning and its a 50/50% gamble. I have a better chance going to the casino to make money. I will watch tomorrow to see the markets reaction.
RAD broke from a nice pennant with good volume. I like this one to move higher with the 50 day MA right below for support.
INTC broke out of the flag this morning, however it re-entered the flag formation during the day. I sold 1/2 my position although I still like this. Will be watching closely for a more sustained break above the top line of the flag.
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