Some Notes for Week of 01/20/14

SOHU  This looks like a bear flag, but volume shows some divergence. Suspect that this may pop then fail. Can't see this getting past 80.

OZRK This looks ready to pop. Would prefer to buy near 56.54, but 58 would do also.

NMBL Could pop as well. Notice volume on last huge move as compared to large moves toward end of last year. Over 50 and volume and this could go.

INVN Definitely looks like a cup and handle. Volume looks good too. Needs to pass 21.80, but watch out for pre-earnings spikes that may simply be day trades and not swings.

TQNT Looks like it is ready to pop here. Broke past 8.50 and needs to clear 9. Volume looks good throughout trading days. May pull back a little before a pop, but with Europe looking strong, this may go today.

GOGO Needs more confirmation as 20day crossed under 50day. MACD may reverse soon, bt hard to tell right now. Volume on last positive moves were good and RSI is low but could be lower. Need to see more signals, but this could go soon.

WX Looks good in my opinion. Consistently trading off that 20day. Looks like it may have rested and could go soon.

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