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09/30/2016 Weekly Stock Scans

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Cobra
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09/30/2016 Weekly Stock Scans

Post by Cobra »

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/2016/09 ... ock-picks/

LONG WATCHES:
2.png
SHORT WATCHES:

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User avatar
Cobra
Site Admin
Posts: 58333
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/30/2016 Weekly Stock Scans

Post by Cobra »

All breakouts are flat. The patterns are still good, so can hold into the next week. The market is in range so might not a good idea to trade breakout anymore as in a range market, most breakouts are simply false. 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:
4.png
0 real breakout , 0 false breakout.

0 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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