Wednesday, August 13, 2014

Open Window, Go With the Flow

During the correction I've been keeping a list of stocks holding up well.  Many of them are recent IPOs that have broken out of flat price consolidation to new all time highs.  A few of these are also showing follow through which is a desirable quality.   If this is a rally of duration I'll be paying particular attention to how these stocks behave and if they offer an entry on pull back.  Thus far I consider this price action promising and conducive to begin exploring opportunities on the long side should they present themselves.

CMCM BO

GRUB BO
KANG BO
LQ BO
TEDU BO
TRUE BO?
ZEN BO

Now that there are some signs of life in stocks I'm following, focus returns to those yet to break up such as UA and TWTR while waiting for the market to reveal it's hand.

UA
TWTR

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