My goal with this blog is to post a simple technical read on some of the hottest stocks being discussed on social media during the week. By applying the KISS method (Keep it Simple, Stupid), I am hoping to reach those who seek a better understanding of how technical analysis impact a stock's price movement. I will only apply very simple technical reads, such as support, resistance, breakouts, channels, etc.
Tuesday, December 1, 2015
This stock is roaring today, showing a KBIO-type run. As you can see from this simple technical chart, the stock is following a nice intraday upwards channel, possibly closing the day in the 18.5 to 23 range!