T3Live
AONE Steak Sauce
Yesterday there was good action in the morning, with commodities especially showing some strength. AAPL and AMZN took a rest while GOOG popped its head up. Still, a lot of the mid-cap and small-cap stocks are the ones poking through levels right now. AONE looks like one of the best set-up for a break out right now. The stock IPO’ed in recent months and more recently has consolidated in a tight range. Look to buy in this area around 17.70, adding above 18. Your stop should be down at 17. The trade should ultimately see AONE make it to the 20 price level fairly easily…. Read More
Keep Your Eye on the Prize
There is not a new Trade for Thought this morning, instead we recommend you revisit a couple of the previous plays which are just beginning to work out. INCY has triggered and looks to have higher prices in its future, so keep you eye closely on the stock as it climbs higher. X was also a play earlier in the week, and after rebounding from a prolonged and steep sell-off, the stocks upward momentum seems to be slowing considerably at the Fibonacci retracement level. While a few select stocks are providing continuation, for the most part it is paying to make shorter, more concise trades in this market…. Read More
