ANF: Big market cap stock at 1.2 Billion and 67 Million Float, very little shares short with a .05 Short Ratio. 6% Dividend yield may be good for a hold off a pull back to 20. This a strong stock on a wave 3 of 5. The stock price has filled the gap down from August 2017, with a possible double top res@ 23.29. Line in the sand break with a target of 25. Otherwise short the DT.
SRNE: Strong stock on wave 3 of 5. 64 Mill. MktCap, 44.6 Share Float, 1.4 AvgVol. October 4, 2017 Res.2 8.35. The stock price has filled the gap down in October. Line in the sand at 8.35with a B/O target of 10.
RECAP:
ANF: Pushed to resistance at 23.27 by 10:10 am and was a nice .50 short to 10:30.
SRNE: Hit resistance at 8:30 am in the premarket and there was a panic selloff to 10am for
a one dollar short sell trade.
Join now or log in to leave a comment