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05/20/2016 Weekly Stock Scans

05/20/2016 Weekly Stock Scans

Postby Cobra » Fri May 20, 2016 6:46 pm

The weekly stock picks are for everyone but the members only report may have narrowed the picks and explained trading strategy in details: http://www.cobrasmarketview.com/2016/05 ... ock-picks/

LONG WATCHES:

2.png



SHORT WATCHES:

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Re: 05/20/2016 Weekly Stock Scans

Postby Cobra » Fri May 27, 2016 4:56 pm

Undecided week as all 3 breakouts were false but the patterns are not bad yet can hold into the next week. Actually those 3 stocks might still be in our next week's stock picks. Again, it's very important to know that the stock picks don't take ER into consideration so please avoid stocks that very close to ER or close position before the ER.

Long Watches:

2.png


0 real breakouts , 3 false breakouts.

1 eliminations.


Short Watches:

N/A


The rest, the chart patterns not bad yet, will compete with our new scans in order to be listed in the next week's list.

Green circle means a successful breakout/breakdown, so the pick won't be in the next week's list anymore.
Red circle means a false breakout/breakdown, the pattern in this case may not go bad yet, so still could be in the next week's list.
X means the pattern is gone bad, so the pick won't be in the next week's list anymore.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
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