Big Wave Trading video lesson for Monday’s stock market session.
Stock indexes continue to move higher despite the very short-term overbought conditions. Our intermediate term oscillators indicate there could be plenty more upside before we begin to get to an overbought area that becomes concerning. My apologies for my difficulty with the English language in the early portions of the video. Have a great rest of your weekend. Thank you. Aloha.
Speculative Sells:
50%: VUZI – Closing below the 20 day moving average before producing any gains while losing its green BOP catalyst.
100%: WIFI – Closing below the 50 day moving average on heavier volume and red BOP.
