Milestone Financial Investments L.L.C.
- Nasdaq-100 After-Hours Indicator Up 1.21 at 2,152.07
- BRCD, -4.2%, 6.03 to 5.41
- The near-term widening pattern in place, combined with some decent sell pressure hitting the issue tonight at 5.65 to 5.55 would have us looking at this range as a possible downside entry point for shorts that could see weakness back into the 5.40s.
- HPQ, +3.2%, 42.82 to 44.69
- The mixed trade on evening upside moves would have us focused on playing the ranges seen tonight in tomorrow's trade. Longs may want to linger near the 43.80 to 44.20 area to start, levels that could form as a potential floor support for bumps back into the low to mid-44s. More risk tolerant longs may want to boost the entry to a range near 44.20 to 44.40, levels likely to see early day interest as the stock perhaps makes a run toward fresh near-term highs in the mid- to higher-44s.
- PSUN, -5.9%, 6.25 to 5.58
- The tendency to add to evening declines would have us looking at potential short plays in the shares tomorrow. Early shorts may want to target possible entry points near 6.10 to 5.90, levels that developed as a ceiling in tonight's trade.
- LZB, -5.8%, 8.19 to 7.63
- In the near term the stock has a tendency to gain after an earnings event, but considering tonights move I'm hesitant to long. The long would be the play imo though. They have had to switch their selling strategy and sell cheaper items and less "big ticket" items as well, in order to stay afloat, with this impacting their earnings potential and the move in tonights trade, I am mixed.
- NUAN, -4.2%, 17.11 to 15.80
- The bounce off the 15.8 level, but resistance at 16.5 would have me inclined to short the pops it produces tomorrow. Looking deeper into the data, it presents a near term widening pattern, enabling me to say that you should short this stock as it will most likely widen its losses tomorrow.
- MEE, +2.3%, 50.30 to 52.29
- Listeners heard take over chatter earlier today, then tonight they announce a strategic plan to enhance shareholder value, giving the stock some lift in ah's trade. I'd be long this stock with much positive news in play.
- FMCN, -2.4%, 25.62 to 24.75
- been looking for a slight pullback to long this stock, I would long. Nice uptrending chart.
- JACK, -4.9%, 22.70 to 21.20
- short, been dragging down for a bit now.
