I like the compression near swing highs but I entered on the breakout of resistance but the close was nothing to be desired. I am holding it because of the upward sloping line (a sign of pressure) that I still see towards resistance.
I entered ZG on the breakout as well. The trend does look a little extended from Mid March but I took the setup anyway. Maybe it will be a nice swing.
I got PHR as well on the break. It was a relatively weak close and I expected more from the stock so let's see.
ERI is a stock that I like for the setup which is a really tight flag. The close was alright, almost near the highs. I think this is ready to go.
AKBA is one of the few stocks on my list that I included because of the 9 million share breakout scan which I have now started to look at. Simply put I am waiting for a consolidation after the big move...and the turn/buypoint which is really a 4% b/o on good volume. There was actually a buy signal very near the middle of the bars since May but it just didn't workout. Maybe this time's the charm.
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