Todays watchlist: I Bought $CLDR and $HMNY

This morning I bought $CLDR and $HMNY. Here are my thought processes behind my positions in these stocks. $CLDR – This is a very oversold chart pattern that has been beaten down by poor¬† earnings and guidance that is not exactly encouraging. This chart is showing signs of forming a bottom and the stock has a history of bounces out of the oversold regime. This morning we saw a confirmation of the bottom with the price rising into the low $14’s. I am pretty...

Read More...