Posted by leynate

$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

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

Chinese Internet BOOM? $YOKU

Chinese Internet BOOM? $YOKU

$YOKU: Posted a strong day today at 3.86% (including AH). All indicators look great on $YOKU at this time and Chinese Internet Stocks have been hot. There is NT overhead resistance as depicted below; however, there is limited LT overhead resistance above #2 resistance line. OBV with a strong surge today and ADX/MACD/RSI are healthy. … Continue reading

Facebook me! $FB $NFLX $SRPT with Bonus Play

Facebook me! $FB $NFLX $SRPT with Bonus Play

$FB – B/O today on nice volume over recent consolidation channel. Strong RSI, MACD strong. Consider long entry here with a tight stop and NT tgt of 27.32R. Disclosure: Considering LONG entry. $NFLX: Another strong day for NFLX today, which was a FloodCityTrades b/o watch days ago. Technicals still positive for further upside. Disclosure: StC … Continue reading