Big Wave Trading video lesson for Wednesday’s stock market session.
It was another solid overall session for the market as we continue to confirm the recent breakout with all momentum oscillators confirming the move across the board in every major index we track. I have one new speculative long position I want to take tonight and I will not pay more than 7.10 for this position. It is currently trading at 7.25 AH. I have no interest in chasing this stock before it reports earnings. Aloha.
New Speculative Long Position: VUZI (1%)
VUZI – Final cut loss levels: 6.80, 6.70, 6.64, and 6.55.
