Skymobi Limited ($MOBI)

Skymobi Limited ($MOBI)

Flag forming on the daily chart. 5.10/15 should set this one off.  Over 5.50 (see weekly chart), and this one is off to the races. weekly chart here….

$GOOG $BIDU

$GOOG $BIDU

$GOOG and $BIDU both looking good on the short side as the market continues to provide clues that we are beginning a long term downtrend. See charts below. $GOOG – Closed below the 100MA today and also outside of the lower Bollinger Band. All indicators look ripe for continued downtrend after HnS neckline break. However, … Continue reading

Alpha Natural Resources ($ANR)

Alpha Natural Resources ($ANR)

Alpha Natural Resources broke above the long term down trendline on 8/9 with above average volume.  It has since back tested the break out and is now looking to head higher. A break over 6.20 and our price target is $7 near term. Here are todays options statistics: Disclosure: Long Sep $7 calls @ .21

8/13 Watchlist $DE $HLF $IBM $NFLX $DECK $RGLD

8/13 Watchlist $DE $HLF $IBM $NFLX $DECK $RGLD

Deere (DE): Looking for a long entry over 84.00   Deckers (DECK): Flagging on daily, looking for long entry over 58.75   Herbalife (HLF): Flagging above moving averages on daily, looking for long entry above 67.4 for another Ackman beatdown. IBM: Possible reversal pattern brewing here, double bottom.  Entry long 189.7   Netflix (NFLX): Riding … Continue reading

FloodCityTrades 8/1/13 Watch List $C $FSLR

FloodCityTrades 8/1/13 Watch List $C $FSLR

Watch List for 8/1/13 $C – Citigroup looking strong here. Recent earnings beat by a good margin. See notes on chart. No position at this time. Consider long entry above trigger mentioned below. $FSLR – FirstSolar also looking ready to break out after being beat down lately. All notes on chart. Consider long entry in … Continue reading

$QCOR BOOM!! 300% Profits and Holding!!

$QCOR BOOM!! 300% Profits and Holding!!

$QCOR – 3 days ago, chart below was posted for earnings play, along with the current fundamentals and explanation as to why we at FloodCityTrades were LONG QCOR above $50.63. The next day we got confirmation, which trigger buy of Aug17 50C’s @ 4.3 cost basis. Currently, we are sitting on 300% profits (4.3 -> … Continue reading