RE: US Stocks - Watchlist and Discussion (Premium)
A few more for the short watchlist from today's stealth crash in the US market.
ABTL - previous exceptional big winner is breaking down below it's 200 day moving average. The 30 week MA is still rising and so can't be classed as Stage 4A, but has no major support and so could be set for a sharp decline as had an extreme volume build on the way up.
HIMX - is an other big winner (associated with Google glass I think), and has already lost 50% since it's high in March and is now breaking previous support and moving into Stage 4A.
FONR - has been developing a Stage 3 for a number of months and is getting closer to it's 200 day MA currently. It's already below it's 30 week MA, although that's still rising, but if it closes below the recent swing low then it's not got any support until it gets back in the single digits again.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.