While I have been on the road for just a couple days, it seems like a lot has happened since. Lets just review a couple of stocks that have been recommended and tracked over last couple of weeks… and, yes, I do accept thank you donations.
Clearwire (CLWR)
Clearwire has made a massive run since first recommended on this site (thanks to Chart Pattern Manifest user) If we can manage to break through the 62% retracement level, then we could see another massive jump coming. Clearwire reports on August 11, so lets hope for a nice jump there.
Conseco, Inc. (CNO)
I believe this stock is up around 80% since first recommended on The Wild Investor. We can also thank a Chart Pattern user here too. The initial jump was pretty massive and fortunately it looks like we just passed by a level of resistance and perhaps tested it once.
Your new stop should be a break of that top green line.
AK Steel (AKS)
AK Steel has been on a nice uptrend for a while now, and it looks like we are getting closer and closer to breaking out of this wedge. Which way has yet to be determined. Consider this move dead if AK Steel falls below $18.
Netflix (NFLX)
We seem to be playing the Fibonacci levels here, with multiple hit points (green arrows). It looks like we may have been rejected by the 62% retracement; however, we are still looking for further confirmation to see when this sideways movement is complete.
Don’t just take my word for it. Check out what INO has to say about these 4 stocks.
