ENTR is sitting right on it’s uptrending 50dma. Much in the same pattern that SPRD displayed earlier this week this one should be good for a 10% pop, as long as support holds. And if you got into SPRD when I pointed it out you should have been taking some profits today.
This market continues to frustrate the bears and today’s pop was not unexpected at all given how bullish my indicators have been. Continue to play the long side and I’ll try to provide a few more trade ideas over the weekend. I’m enjoying a little R&R this weekend on the island so postings will be light.
A few stocks I’ve scribbled down while running some scans are AKRX & CCME for bullish momentum. ASTI could be a nice 3day pullback play. And if you want to see a picture perfect BO w/ volume, look at EXK on a 2yr wkly view.
