Category: power spike
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Today’s Trades: RATE and AKS
I bought 500 shares of RATE at $42.53. The stock spiked up over resistance on strong volume and has now pulled back on diminished volume, printing an ideal NR7 entry. I bought 500 shares of AKS at $22.08. As you guys know, I love steel right now. I picked AKS…
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Breakout Chart: AVP
AVP broke out on heavy volume out of a 3 month consilidation. This is what Alan Farley would call a “power spike“. Over the next few days, I’ll be watching closely for a good entry point. Being that it’s Avon, I’m getting some pressure from my wife to enter this…