Tweet By Jeff Pierce WATT IPO’d in late March and after an initial run up it’s essentially been basing for the last 8 weeks. Today it is starting to move higher and if it can clear this base (and close above it) it could be a short trip back to recent highs. Keep this stock […]

Tweet By Jeff Pierce 7.03 Update  6.10 – Energy stocks have been on a tear lately – (see EMES, CPN, VTNR, LNG) so this is a sector you should be focusing on when it has a pullback. ENG has a strong chart but it`s obviously overbought and I would not chase here. If the RSI can pullback […]

17
May

Tweet By Jeff Pierce Wow, it’s been awhile since I”ve done a post in this category but let’s face it, the market has been a real downer in terms of momentum trader. Many hi-flyers have been taken to the woodshed and now it’s time to dig in and see which ones we should forget about […]

31
Mar

Tweet By Jeff Pierce ALIM is a biopharmaceutical company engaged in the R&D and commercialization of prescription ophthalmic pharmaceuticals. It’s about ready to break out to new 2014 highs as soon as tomorrow and you can see that volume is definitely supporting each of the big moves higher. ALIM IPO’d in 2010 above $11 and […]