IDSA and MVL are both solid longs as they are both under strong accumulation and both stocks are at very important support levels as we speak, making them a great high reward/low risk trade in this horrible choppy and wild market. The only problem I see with IDSA is that a limit order around the 13-14 area might give you better odds at getting a better entry that will show you a gain immediately. As for MVL the pullback was on lighter volume and the bounce was on heavier volume and well within a safe buy area to go long with a market oder. I find both of these breakouts very strong solid moves that should last for more than a few days. Remember, IDSA is an illiquid position and thefore I would take a very tiny long and see how it acts in this cruel market.
new speculative Featured long position: IDSA
IDSA is breaking out from this flat base pattern and is bouncing off the 50 day moving average, on very strong volume. Cut your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.
adding to existing speculative Featured long position: MVL
MVL has pulled back to the 50 DMA on quite volume and is now bouncing at that key line on very strong volume. Cut your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.
