Dr. Kris hails from the land o' lakes, beer, bratwurst, and Bucky Badger. She traded in her cheese hat for a propeller beanie and has never looked back. She has two degrees from MIT because one just wasn't enough. Her life goal was to figure out the universe and having done that (at least to her... More
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Today's exhaustion gap--Air Transport Services (ATSG) 0 comments
Today's chart of Air Transport Services, ATSG is showing a classic exhaustion gap pattern. (Scroll down for more info on this pattern.) The stock gapped down and is now trading well off its intraday low on over seven times normal volume. Traders who don't mind taking a little risk (especially going into the weekend with all of the possible headline risk out there), buying this stock could result in a very nice Monday morning return. There are options on the stock but they are thinly traded, so beware.
Disclaimer: I just went long this stock with a small position.
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Note: I will be out of town for the rest of the week attending my nephew's college graduation & won't be posting. Dr. Kris needs a vacation!
1 day ago
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Intraday support/resistance: $SPX 1640/1656, $DTX 629/639, $DJIA 15185/15395, Nasdaq 3456/3494, $RUT 989/1003; $VIX 16.5/17.9
2 days ago
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The Snowden trade? Can't find ANY news on why biometric identity sol'ns co Imageware ($IWSY) is zooming: +50% on heavy vol in 4 days!
3 days ago
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