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.
APPN - Appian Corporation

I like that this is now oversold and attempting to bounce off its 50 -day moving average. One could argue that its working on a Cup with Handle(ish) pattern (starting in January), although I think it's pulled back a little too far to officially qualify

CMG - Chipotle Mexican Grill, Inc.
CMG

Here's another one breaking out of a Bollinger Band Squeeze...

WIX - Wix.com Ltd.
WIX

I bought some of this yesterday when I noticed the Bollinger Band Squeeze turning into an Upper Bollinger Band Walk -- one of my favorite transitions -- range contraction to range expansion. It's following through nicely as it pushes into new all-time high territory...

CASA - Casa Systems, Inc.

There's really not much to like about the technical picture on this right now but I picked some up in my IRA anyway. This recent IPO has been an IBD favorite and is currently "on sale" after doing a secondary offering the other day. So I thought I'd give it a shot with a stop loss under the April lows.

FSLR - First Solar, Inc.

Nice looking Cup with Handle breakout. Earnings are due soon though...