Monday, June 29, 2015

More AMAG & Shopping List

Someone's market sell order found my cheap limit buy order at the open so I picked up more AMAG at the low of the day. Up over 5% on that lot ... nice if it holds. AMAG is still in the channel and closing above the 50-day SMA.

INFN is now at the bottom of its channel and above its 50-day SMA. If it holds, I'm buying more.

SWKS dropped out of a long-term pennant pattern today. The forecasts are predicting decelerating revenue and earnings. I'm going to wait for the price to reflect diminished expectations, or perhaps for the next earnings report (Jul 23?) and some fresh guidance.

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