Trader Mike's Notes

  • CECO - Career Education Corporation

    Another from the "Most Bullish Alerts" scan...

  • AN - AutoNation, Inc.

    AN

    One from the "Most Bullish Alerts" scan. Looks like a textbook bounce off the 50 DMA...

  • SPLK - Splunk Inc.

    A nice breakout as it rose above its 3 Weeks Tight pattern. Looks like this wants to retest its all-time high from 2014...

  • DIS - Walt Disney Company (The)

    DIS

    I found this on the "Top 50 Bullish" list today (Thursday). THat's a really well defined trend channel in the upper half of the Bollinger Bands. Looks like a low risk spot to play a bounce off the middle band (20 DMA) back to the upper band.

  • FNSR - Finisar Corporation

    I tried this on that little bounce around 22 but got stopped out. I may try it again a it tries to hold above $20 and bounce back above its 50 DMA

  • GOOS - Canada Goose Holdings Inc.

    The goose is loose! ;-) This recent IPO got away from me. I had a note to pay attention to this as winter got closer. I won't chase it here but I'll be looking for a spot to get long on a pullback or consolidation.

  • TTWO - Take-Two Interactive Software, Inc.

    Looks to me like a doomed attempt to reclaim tis 50 DMA

  • NVDA - NVIDIA Corporation

    Here's another former favorite long of mine that looks ready to roll over. It's languishing under its 50 DMA and has printed quite a few bearish signals the last few days.

  • SHOP - Shopify Inc.

    My old favorite long, which I rode from 22 to over 100. I hate to say it but this looks like a failed (failing) attempt to break back over its 50-day moving average. The $100 level is also nearby and could become psychological resistance. Also note the "Non-ADX 1,2,3,4 Bearish" it made today.

  • MB - MINDBODY, Inc.

    MB

    Here's another one which has oversold stochastic & has pulled back to its 50 DMA and its post-earnings gap.

  • GDDY - GoDaddy Inc.

    This has been trending nicely since it IPO'd a couple of years ago. Like so many stocks this week it's trying to find support at the so important 50-day moving average.

  • IWM - iShares Russell 2000 ETF

    IWM

    Should be support around 150 for this small-cap index ETF thanks to all those days in October where ~150 was resistance...

  • AMBA - Ambarella, Inc.

    One of my favorite charts of those in the Top 50 Bullish list today. It triggered got a "Calm After Storm" and a "Non-ADX 1,2,3,4 Pullback" signal (among others).

  • BRKR - Bruker Corporation

    A "1,2,3 Pullback" that will really get my attention if it can get back above its 20-day moving average...

  • SPLK - Splunk Inc.

    Another one that's been on my personal 'Earnings Movers' watchlist that showed up on the "Top 50 Bullish" list today.

  • ZEN - Zendesk, Inc.

    ZEN

    This has been on my "Earnings Movers" watchlist since early November. I saw it today on the "Top 50 Bullish" list. It's now pulled back to its 50 DMA and almost filled that early November gap.

  • CRM - Salesforce.com Inc

    CRM

    This is trying to find support at a couple of obvious support areas -- its 50-day moving average and the $100 mark. It's got oversold stochastic too...

  • MTOR - Meritor, Inc.

    This looks ready to roll over to me after a failed attempt to reconquer the 50 DMA.

  • RHT - Red Hat, Inc.

    RHT

    If this can't find support here (50 DMA and October lows), it could drop a quick 10 points to the next support around 110.

  • PZZA - Papa John's International, Inc.

    Interesting set of signals on this today. It's looking like a dead-cat bounce to me...