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Jeff Pierce
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I’m a swing trader of momentum stocks with a holding period of anywhere from a few hours to a few months. I run a number of screens to locate the strongest/weakest stocks out there, using technical analysis to determine my entries and exits. Trying to calculate the intrinsic value of stocks in... More
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  • Look At This Stock - GOGO 0 comments
    Nov 14, 2013 12:49 AM | about stocks: GOGO

    By Jeff Pierce

    Dec 12 Update - It never reached our previous buy target so I'm adjusting it.

    (click to enlarge)

    Nov 16th update: buy target for GOGO

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    Nov 13th - GOGO has been one of those stocks that when I look at the chart it's not quite a stock that I want to buy anytime soon, but it's one that the strength is undeniable and when it has a decent pullback and goes off of all the momentum player's radar I want to buy into.

    When will that be? It depends if it has a traditional pullback or a sideways pullback, but either way this needs to pull back in price or have some time pass before I'll be interested. The good news is now that this is a featured stock on the "Look at this Stock" so I'll be keeping tabs on it and updating you when I think it's a buy.

    Recent IPO has a significant case of negative divergence.

    (click to enlarge)

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    Stocks: GOGO
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