A few examples:
+49.9% gain in SKX, members first notified 4/22 at 74.8, current price: 112.09 – Two of the last three days were sold on higher volume so the tight upward move in SKX may be over. Not a bad place to take handsome profits.
+57.8% gain in AMBA, members first notified 5/14 at 75.63, current price: should have already sold! – As we notified members, profits should have been taken on 6/19 when it sold off on appreciably higher volume, or at the open the next day at the very latest when AMBA gapped lower. If you still have a position in AMBA, it’s giving you a dead cat bounce here, so exit now.
+25.0% gain in CI, members first notified 5/23 at 135.86, current price: 169.77 – As we notified members in the recent webinar, the stock had a recent gap up and is moving higher. So far, it is trading well though could get overheated if it has another day or two of the upside action seen Friday.
+36.5% gain in SUPN, members first notified 5/21 at 13.26 - current price: should have already sold! – As we notified members, on 6/12 and 6/15, SUPN was getting overheating in its price action so could have been at least partially sold. On 6/16, SUPN gapped lower so should have completely been sold. If you still have a position in SUPN, don’t wait around. The price action is taking on a bearish wedging character.
Market Lab Report - More profits and selling guidance for members at www.selfishinvesting.com
|Published:||28 Jun 2015 15:28 ET|
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