In the Thursday evening Forecast Report, Smith & Wesson (SWHC) signaled a potential pre-market open surrounding the 4.70 level. From there, any drop near 4.55 to 4.60 was targeted as a possible long entry point. SWHC opened below our initial target, beginning the pre-market session at 4.50, or closer to our long target, and pulling back to hit 4.45, the low of the pre-market session within the first half hour of trading. A buy at 4.50, as measured up to the pre-market high of 4.74, was 5.3% in the black.
Forecast Report Update: MRVL Long Trade Nets Quick 6.5%
In Thursday's Forecast Report, Marvell Technology Group (MRVL) indicated an early Friday open near 17.20 to 17.40. From there, evening activity indicated that longs might try for potential entries near 17 to 17.30 early Friday. MRVL opened near 17.00 and dipped briefly to 16.68. A long entry point at our target of 17.00, as measured to the pre-market high of 18.12, netted a quick 6.5%.
In Thursday's Forecast Report, Marvell Technology Group (MRVL) indicated an early Friday open near 17.20 to 17.40. From there, evening activity indicated that longs might try for potential entries near 17 to 17.30 early Friday. MRVL opened near 17.00 and dipped briefly to 16.68. A long entry point at our target of 17.00, as measured to the pre-market high of 18.12, netted a quick 6.5%.
Forecast Report Update: Short Sell at TTWO Pre-Market Open Over 20% in the Black
In Thursday evening's Forecast Report, Take-Two Interactive Software (TTWO) indicated a potential pre-market open Friday near 8.80 to 8.50. A short sell target emerged in the 9.00 to 8.70 range, and secondarily, at 9.60 to 9.20, where some of the strongest downside pressure from early evening trading emerged. Actively traded TTWO opened just above our target, at 9.00, but quickly dropped to 8.50 and never returned to trade above 9.00, moving as low as 7.34 in pre-market trading. A quick sell in the opening 9-8.50 range, as measured to the pre-market low of 7.34, was 22% in the black. A sell from that opening range, as measured to the day low of 7.00, is 28% in the black.
In Thursday evening's Forecast Report, Take-Two Interactive Software (TTWO) indicated a potential pre-market open Friday near 8.80 to 8.50. A short sell target emerged in the 9.00 to 8.70 range, and secondarily, at 9.60 to 9.20, where some of the strongest downside pressure from early evening trading emerged. Actively traded TTWO opened just above our target, at 9.00, but quickly dropped to 8.50 and never returned to trade above 9.00, moving as low as 7.34 in pre-market trading. A quick sell in the opening 9-8.50 range, as measured to the pre-market low of 7.34, was 22% in the black. A sell from that opening range, as measured to the day low of 7.00, is 28% in the black.
No comments:
Post a Comment