‘Bounce Longs’ Updated

I thought the pattern was sneaky bullish and that is why I held BSX as I sold the others last week. Today it boinks the 50 day moving averages.

bsx

As noted earlier in the week, MSCC was bought back at support after being sold just below target. So far, so good although also uninspiring as yet.

mscc

I picked up old friend BBRY yesterday as it was knocked down toward the SMA 200.  I don’t love the chart but I am still a fan of John Chen.  If only he’d re-name this company to something with less stigma and better investor mental associations, like oh I don’t know… Research in Motion?

bbry

 

 

Disclosure: Subscribe to  more

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.