‘Bounce Longs’ Updated

I thought the pattern was sneaky bullish and that is why I held BSX as I sold the others last week.  Today it boinks the 50 day moving averages.

bsxAs noted earlier in the week, MSCC was bought back at support after being sold just below target.  So far, so good although also uninspiring as yet.

msccI picked up old friend BBRY yesterday as it was knocked down toward the SMA 200.  I don’t love the chart but I am still a fan of John Chen.  If only he’d re-name this company to something with less stigma and better investor mental associations, like oh I don’t know… Research in Motion?

bbry

Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates and NFTRH+ chart and trade ideas or the free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com. Also, you can follow via Twitter @BiiwiiNFTRH.