Long Ideas for Wednesday, September 02 CAL SURF AMBA KC PEIX PLAY FRAN JOB PLUG
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Caleres, Inc.
CAL ---> Solid Down Trend Line Breakout on high bullish volume!! Clean room till its 200 moving average! Trade idea suggested with a buy at 8.80 for 11.45! Stop loss at 8.15!!
SURF ---> Beautiful breakout imminent on Weekly Chart!! Trade idea suggested with a buy at 7.25 for 9.40! Stop loss at 6.60!
Ambarella, Inc.
AMBA ---> Another solid Down Trend Line Resistance Breakout under high bullish volume! Watching for continuation! Trade idea suggested with a buy at 58.00 for 65.00! Stop loss at 55.00!!
KC ---> Load Up Zone!! Old Runner!! Trade idea suggested with a buy at 36.20 for a move into the breakout above 39.80 and target 42.80! Stop loss 34.30
PEIX ---> Seems ready to go make a New 52 Week Higher! Old runner!! Trade idea suggested with a buy at 4.46 for 5.33! Stop loss at 3.84!
PLAY ---> Setup coming from Weekend Watchlist! Held up its gains on Monday, and breakout toward its 200 moving average on Tuesday! Expecting continuation! Trade idea suggested for new position is a buy at 18.35 for 23.90! Stop loss at 17.60! Full of Short Players
FRAN ---> Chart speaks for itself! Price is setting up to break higher! Short squeeze ahead!! Trade idea suggested with a buy at 6.30 for 8.50! Stop loss at 5.54
JOB ---> On my portfolio since last week, waiting patiently for the major upside movement, which seems is about to happen! Trade idea suggested for new positions with a buy at 1.28 for 1.60! Stop loss 1.11
PLUG ---> Beautiful breakout imminent on Weekly Chart! More pain for shorts ahead! Trade idea suggested with a buy at 14.40 for 18.00! Stop loss at 12.20
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