The downside price target for GMCR is now the 200-dma at 74.28, using the 82.40 undercut low of a couple of days ago as your guide for an upside stop. The stock looks to be in serious trouble as the market rolls into the red here.
FOSL remains in play using today's high at around 94-95 as your guide for an upside stop.
BIDU remains in play using today's high at 133.98 as a guide for an upside stop.
AAPL breach of the 200-dma remains shortable, and keep in mind a 5% stop from here is the 422 level.
The follow-through day comes just in time to suck everyone in! We'll see how the MDM reacts as we approach the close.
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. ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.