Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. See How I Translate My Tweets & Blogs Into Actual 3rd Party Verified Trades Work With Me DISCLAIMER
Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. See How I Translate My Tweets & Blogs Into Actual 3rd Party Verified Trades Work With Me DISCLAIMER
Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. See How I Translate My Tweets & Blogs Into Actual 3rd Party Verified Trades Work With Me DISCLAIMER
Where a stock has come from is very important when considering buying a "BREAKOUT". The probabilities of a stock moving higher after being up 5,6,7-days in a row before are slim. The context of the "breakout" is important. You shouldn't buy a breakout just because it eclipsed a previous high especially if the stock made a big move just prior to breaking out. Sure, every so often the market will reward chasing but more often than not you are going to catch some heat first before getting paid if you buy "breakouts" in stocks that are already extended. Frank Zorrilla, [...]
Constellation Brands $STZ plan to invest an additional $4 billion in Canadian pot producer $CGC (stake up to 38%) put all the Cannabis stocks in play for the week and possibly for the next few months just like Bitcoin did for certain "bitcoin" stocks last year. Some of these stocks made a huge move in the last week and should not chase them, allow them to set-up properly before you step in. A lot of the names trade on the pink sheets, so you have to be real careful or avoid them, some of the more liquid known names are; [...]
Dish Network $DISH is going through a possible character change; the stock was in a serious downtrend for 9-months as you can see on the chart below. $DISH peaked on 8/1/2017 at $65 a share and finally found a low 50% lower at around $30, within that timeframe the 10, 20, and 50-day moving averages acted as resistance. Sellers were very active when $DISH moved up to those averages. The stock has since found a level where it seems that the sellers have been cleared out and or buyers have found a level of interest in which their demand is overwhelming [...]
Here's How You Narrow Down The Universe Of Stocks From 7k Names To 300 using fundamentals. #IBDPartner.
According to Investors Business Daily, the high tight flag pattern is a very rare pattern that can be very profitable. Here is there definition; High, tight flag bases clearly make this statement: "We're up-and-coming." This vertical-looking pattern forms as a stock surges 100% to 120% in four to eight weeks. The stock then corrects just 10% to 25% in price for only three to five weeks. The ideal buy point is the high of the flag plus 10 cents. Here the link to the full article. Sientra Inc $SIEN fits the description to the t. Is $SIEN up 100% to 120% [...]
$YEXT is breaking OUT to an all-time high on the back of a $AMZN partnership; the stock has been flagging for 5-weeks, volume running way above average. #IBDPartner @MarketSmith When I posted the chart on Twitter and bought the stock $YEXT was up 8%. Right now the stock is up 15% as I write this, I would not be chasing up here, instead, I would wait for it to digest this move by either pulling back or going sideways for a few days. DON'T CHASE; Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and [...]
