Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

An Eye on Today's Laggards
With such an incredible upside move, its hard to believe that some stocks actually closed in the red. Believe it or not, its definitely true. Some of my holdings got hit with profit taking. Lets see which stocks lagged behind the market today...



Today's Losers: CFSG, LNOP, SIMC

I'm not that worried about any of the stocks as I am already making a profit on each of them. SIMC has already netted me close to 50% by itself. Today's decline in SIMC was to be expected as the stock violated its trend line/pattern. I would expect it to trade sideways a bit. Still, patient traders that wanted to get in on the dip had ample time as the stock closed near its 10 day MA.


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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

In Play: BW, CFSG, EHTH, FRM, OMCL, TYPE, YGE

Today, there are several stocks that are setting up strong technical chart patterns so I decided to list all of them. I will try to post charts of them after the closing bell.

In Play: BW, CFSG, EHTH, FRM, OMCL, TYPE, YGE

Already Own: BW, OMCL

Previously owned: EHTH

New Buys: CFSG, EHTH (rebought), FRM, TYPE, YGE



My Ambitions as a Trader and Investor is not a registered investment advisor. Please read the complete Small Cap Stocks Blog Disclaimer


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