BURL today is breaking resistance. We are long for last few days.
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LB gapped up today and moving up nicely. We believe LB will move up towards $44 level.
ALNY – Alnylam Pharmaceuticals – dropped 10% today (Monday, December 7, 2015). It closed at $97.72. On Friday, December 4th, 2015, ALNY closed at $109. On Sunday, ALNY announced positive Phase 1/2 trial of one of its drugs. The sell-off…
Fitbit (FIT) stock soared 5% on Friday – December 4th, 2015. CEO James Park said Fitbit had strong Black Friday sales and have strong domestic and global growth. On Friday, Fitbit (FIT) filled the gap around $32. This gap was…
AMBA surging today and has formed the bottom. Targets are 64-65 and then 74-75 Chart of AMBA shown below. Click on the chart to see the large view.
FedEx moved up on Monday – November 2nd, 2015 after consolidating for few days. Looks like FDX will break the downward sloping trend line and will head towards $162 level. On Monday – November 2nd, 2015 it closed at $158.95…
September 17th, 2015 secondary top is still in effect. Today stocks markets tried to recover initial loss. However markets closed below resistances levels. When this happens the recovery just fades and next day new downward move starts. Tomorrow is big…
These days only handful of stocks are strong and trending upward. Lot of them are either trending down or getting weaker day by day. It is like tumor eating stocks slowly while markets are not going anywhere. Among banking sector…
For much of the history of the United States of America, gambling and wagering was a semi-legal activity that was outside the law but difficult to eliminate entirely. That’s because the exchange of money based on bets does not require…
Different countries and economies have different high growth areas. For example, in countries like Bangladesh, the high growth area is in textiles and clothing manufacturing. In Thailand, there is a high growth industry in the production of consumer vehicles. Taiwan…
