Each week at ChartSmarter we like to bring to a little insight into what we do on a daily basis. We have been at it for more than 4 years and we love doing it. Each night we detail 8 to 10 of our favorite ideas, both long and short, for the next days session. We do NOT have a chat room, nor are we active “tweeters”. We like our business growing by word of mouth. Here are a few examples of ideas we recently examined in our Daily Game Plans, exactly how they were written. For those who would like to see a full copy of our Monday Game Plan, email me at email@example.com.
In Wednesday’s Game Plan on 11/12 we looked at ADI, which quite frankly had been lagging peers like KLAC MU BRCM LRCX. ADI rose 5.8% this week for its seventh consecutive weekly gain. It now looks like that MCHP warning on 10/10 was a gift fro many in the group. The stock also took out a 53.05 double bottom trigger this week and one could wait for a pullback for an entry. The stock is now UP more than 7% from the highlighted entry.