ILMN Revisited and a Video Question

Two nights ago, I mentioned ILMN as a “short float” breakout candidate. The stock had broke out over resistance and had a low float coupled with high short interest. These conditions lead me to believe we could be setting up for a parabolic move higher. Take a look at how it’s stock has performed over the past two days.

The stock is consolidating it’s breakout, but has not fallen with the market. Considering the carnage over the past two days, that’s quite admirably. I wouldn’t be surprised if it makes a big move in the coming week.

I have a “mental buy stop” placed just above the 200 day moving average.

Video Question:
I would like to start posting video of my daily chart and watchlist reviews, but I don’t know where to begin. Is it as simple as pointing a webcam towards the computer screen, or is there some type of software I should use? Any help would be appreciated. Please leave a comment or email me at SinghJD1@aol.com with any suggestions. Thanks.

4 thoughts on “ILMN Revisited and a Video Question

Add yours

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at WordPress.com.

Up ↑

%d bloggers like this: