None of the new longs are of any real quality to inexperienced investors. But if you are an experienced investors as long as you follow my rules you should be OK with all of these trades as the speculative juices might help these stocks run. Inexperienced investors you could go long MVL and FLIR as both are top Featured quality but both stock are a bit extended from their 50 day moving average so they are a bit more risky than normal. However, just the fact you have long candidates tonight is a miracle the way the site has constantly gone down today. I do not think anything will be over $1000 as I can not see anything here that is flashing a “buy, buy, buy” signal. Instead there are many great small candidates that will be very fun to watch. So keep the new longs small as nothing here is perfect. We must wait for the right moment to get heavily long. The mixed nature of this market is making it very difficult for growth investors and if this market rolls over I would expect it to get worst.
new speculative Featured long position: XSI
XSI is breaking out of a cup with high handle, on strong volume. Cut your loss with a close below the 50 day moving average, if the stock does not move higher immediately.
new speculative long positions: SQNM AQQ
SQNM is breaking out of a saucer with high handle pattern, on very strong volume. Cut your loss with a close below the 13.28 level, if the stock does not move higher immediately.
AQQ is bouncing off recent support and coiling for a breakout from a base on base pattern, on strong volume. Cut your final loss with a close below the 38.82 level, if the stock does not move higher immediately.
adding to existing speculative Featured long positions: FLIR MVL
FLIR is breaking out of an ascending base pattern, on very strong volume. Cut your final loss with a close below the 50 day moving, if the stock does not move higher immediately.
MVL is bouncing off support at the 50 day moving average and is nearing a breakout to a new 52-week high, on below average volume. Cut your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.
