Milestone Financial Investments L.L.C.
Today, was a pretty good day. Plays were MCP long from 23.5 to 23.75, NTAP early in the day from 47.5 to 48, BIDU from 85.4 to 86.4, and CROX on the reversal, which I called on twitter and in chat at investorsunderground.com from 10.4 to 10.9.
The Market is overbought here, indicating it may need a slight rest or a slight pullback, eye shorts.
- CDII = +24.3%, 1.26 - 1.41
- China Direct advanced in after-hours trade after announcing a contract valued at more than $70 million.
- A pre-market open Tuesday may have potential in the 1.25 to 1.30 area. Buyers looked most confident tonight in the 1.20 to 1.27 area, levels longs may want to watch through the early going tomorrow as a potential floor support that could see bumps back into the 1.30s.
- WNC = -7.9%, 6.75 - 6.99
- The company announced that Trailer Investments, LLC as Selling Securityholder, intends to offer 9,348,688 shares of the company's common stock in an underwritten public offering.
- A pre-market open may have potential around the 7 mark, an area shorts may want to eye for a potential ceiling and moves downward into the mid 6's
- POWI = -5.6%, 26.56 - 26.97
- Was flat late in after-hours trade after spending the bulk of its evening trade deep in the red on the back of a lowered Q3 revenue outlook.
- A pre-market open Tuesday may have potential near 27 to 26.75. Buyers were moderately active off tonight's low of 26.50 up to 27, and the stock stayed near 27 deep into the evening, perhaps an indication there could be more tentative upside above that mark on Tuesday and a reason to be cautious on downside bets. With that in mind, shorts may want to watch the 27 level early in the day, and if it holds as a ceiling then look to play weakness back into the high- to mid-26s.
- ZUMZ = +5.4, 18.26 - 18.5
- Raised its third-quarter earnings view, citing better-than-expected sales and margins during the period.
- A pre market open may have potential near 18.3+, for a return and a possible push beyond 18.5+, Longs would want to eye this level for a strong uptrend play.
- BEAV = -4.2%, 31.89 - 32.09
- Says In Talks For Number of Possible Acquisitions.
- Prices $650 Mln in Sr. Notes due 2020.
- Stock was kind of flat after hours, declining 4%, with a pre-market open around 32 with moves mixed, neither long nor short.
- EVR = -3.6%, 28.09 - 28.82
- 2.6 Million Share Offering
- Stocks tend to pull back when share offerings, eye the short upper 28's.
- VHC = Has steady been uptrending since 2, possible buyout and they won their lawsuit against MSFT.
- ZN = Small long play, overnight.
- CROX = has been bouncing off the 10.5 level and moving up towards 11.
- DRN http://chart.ly/tcpcuu8 Setting up to break this resistance area - next buy when clears $51.40 on heavy volume.
- AKAM http://chart.ly/xxi6877 Poised to move higher from here - would add or buy when clears $51.40
- SNDK http://chart.ly/hvk93sn Breaking this descending trend line today - could see higher prices
- ROVI http://chart.ly/pyh9w44 Watch action /volume on this one - setting up for higher prics
- CLF http://chart.ly/fjl34kk Poised to break higher - next buy area when it clears $68.85 on volume
- OIH http://chart.ly/6xfhoke Energy stocks cont. to act well
- NZ http://chart.ly/gflsvw6 Setting up nicely for higher prices - next buy when it clears $24.65 on volume
- DO http://chart.ly/uwdl6dk This Drilling stock is acting well - $RIG is better of the two
- NTAP http://chart.ly/7dip4as Trending higher today since beaking out last week. Looks good
- APKT http://chart.ly/h2vasji Poised to break higher - next buy area when it clears $37.90 on heavy volume
- MELI http://chart.ly/dv6vf8t Broke out today on good volume - look for higher prices from here. Nice winner
- RVBD http://chart.ly/jiyoxk6 Strong breakout today on good volume (exactly what you want to see) should see higher from here.
- CTSH http://chart.ly/nrvhhkx Setting up for higher prices - keep eye on it
- BWLD http://chart.ly/jetkd67 This restaurant stock is poised to break higher - keep close eye on action / volume for confirmation
- PWER http://chart.ly/iomoytc Poised to break this descending trend line - worth eyeing
