Trader Mike's Notes

These notes are here primarily to show my process and how I use the scans to find setups. This is NOT an attempt to be a stock picking service! I want people to use the site's extensive functionality to find their own setups which match their trading plans, strategies & risk tolerances.
MDB - MongoDB, Inc.
MDB

This looks to me like it's itching to break out. I'm watching for a close above 60...

CARA - Cara Therapeutics, Inc.

Another pullback that I like but also another stock reporting earnings the first week of August -sigh-

SRPT - Sarepta Therapeutics, Inc.

I was in this in late June, looking for it to bounce back to the June highs. I got bored with it a couple of weeks ago and decided to exercise a stop-out based on time. It's now started a Bollinger Band Squeeze, which could presage a big move -- one way or the other.

AAOI - Applied Optoelectronics, Inc.

Some interesting action here. I found this on the Non-ADX 1,2,3,4 Bullish scan. I like the attempt to hold the 50-day moving average and that it's oversold according to stochastic. But as with so many stocks right now, the wildcard of earnings is right around the corner.

CARS - Cars.com Inc.

A recent IPO near new highs always gets my attention. Plus it's got one of my favorite signal combos today: a Non-ADX 1,2,3,4 Bullish with a Calm After Storm. It's also forming a base that's cup-with-handle-ish. Earnings are due soon though...