The VoSI VooDoo Report
Offbeat Ideas from the Depths of Gil's Trading Notes
These ideas may not be so offbeat, but I'm noticing our old friend Quantenna Communications (QTNA) pulling into its 10-dma with voluime drying up following a big-volume pocket pivot last week. This looks buyable to me using the 10-dma as a selling guide.
Former flash in the pan "hot IPO" Impinj (PI) is also consolidating nicely after posting a big-volume pocket pivot last week coming up through all of its major moving averages. This looks to be in a buyable position using the 10-dma as a tight selling guide.
Snap (SNAP) is working as an undercut & rally set-up as we discussed over the weekend in the Focus List Review.
We have positions in all three.
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2018 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.