NADL possible play for May 1stThis stock is purely a day or swing trade for me. It has some predictable trends. Do your own due diligence, I am not a professional. I don't carry stops on my trades, if I need a stop, then I'm not paying enough attention in my opinion. It shows where I would put one though.
Please view it on the link below since it's designed for a 1 minute chart.
NADL
NADL LONGLooking for reversal after a drop to about $2.15, maybe 2.00. Start looking to sell as you near 2.75. Looking for 30% swing gain. Since I know I have to change this from 5 to 15 minutes to post, please look at attached link to 5 minute drawing.
NADL POSSIBLE SCENARIOS WAITING FOR THE EARNING REPORTNADL is trading following a rising trendline. I've posted the 2 possible scenarios: bounce to the upper trendline or breakdown. The earning report could be the catalist for the next move. In both scenarios the wave will be huge, with over 60% potential gains.
REXXOkay, this is a risky trade because the company REXX is not real profitable. Negative net income. BUT if oil turns here, like I suspect it will, then REXX could be a double. I like the harmonic pattern with a 88.6% retrace. I could see a 50% bounce to the $1.47 level. RSI and %R is very oversold. Last time at these levels it went higher. TSI needs to turn higher.
