Trader Mike's Notes

  • MKSI - MKS Instruments, Inc.

    A lot to like about MKSI right now. See the annotated chart attached

  • MCHP - Microchip Technology Incorporated

    I really like the action here -- an orderly pullback which is creating many bullish alerts. Earnings are next week though, so I'll have to just watch for now.

  • PI - Impinj, Inc.

    PI

    another "Hot IPO Pullback"... I like the range and volume contraction over the last few days.

  • STOR - STORE Capital Corporation

    Here's another recent IPO (a la PEN) shooting to a new high after coming out of a Bollinger Band Squeeze

  • PEN - Penumbra, Inc.

    PEN

    this recent IPO is surging to new all-time highs... earnings are due soon though

  • TVTY - Tivity Health, Inc.

    strong move today which finally lifted it above the huge gap down from a year ago. Adding to a watchlist...

  • GRUB - GrubHub Inc.

    Impressive breakout today. I won't chase it but I'm putting it on a watchlist.

  • ROST - Ross Stores, Inc.

    A lot of retailers on the Expansion Breakout scan today. Also see M, SHLD, JWN, DDS, TGT, AEO...

  • ISRG - Intuitive Surgical, Inc.

    filled its post-earnings gap and is trying to bounce. Disclaimer: I've been long ISRG for several months now.

  • FTFT - Future FinTech Group Inc.

    This is *really* extended. The very brave may want to short it

  • LITE - Lumentum Holdings Inc.

    This "fiber optics technology vendor" broke out to a new all-time high today on a very bullish analyst report...

  • CPRT - Copart, Inc.

    This has been testing $50 for almost two months now. Finally closed above it but it's not quite free of congestion yet. Looks ready to breakout if the market remains strong.

  • SAGE - Sage Therapeutics, Inc.

    one of my Calm After the Storm setups... lots of overhead resistance though and earnings are coming in a couple of weeks, so I'll have to leave this one alone

  • ACIA - Acacia Communications, Inc.

    Great example of a Bollinger Bank Walk up the upper band. This is now up over 81% from the Brexit low 16 days ago when it bounced off the lower band.

  • OPTT - Ocean Power Technologies, Inc.

    A wild ride in this of late. Just watching for now

  • VMW - Vmware, Inc.

    VMW

    finally surpassed its gap from October 2015. Still lots of overhead resistance though. Adding to my watchlist to see what it does once it's back inside of its Bollinger Bands

  • SSTK - Shutterstock, Inc.

    Nice combination of "1,2,3 Pullback Bullish" and range contraction alerts recently. Consolidating nicely for 3 days now after giving back about 50% of its latest pop. Watching for a breakout above the 3-day high..

  • LN - LINE Corporation

    LN

    3rd day in a row of "Hot IPO Pullbacks". Let's see if this can make its first higher high on a daily basis.

  • TWLO - Twilio Inc.

    Filling its gap from last week