"Everyone has a plan 'till they get punched in the mouth" - Mike Tyson

April 29, 2015

Pandora

Pandora has shown some awesome relative strength since reporting earnings on 4/23.  Now, as the market corrects this thing has refused to budge lower and has formed a tight bull flag.


Note the 10 day moving average is at 17.85ish.  We want to see it keep that momentum/level over the coming days.  It's a decent stop area too.

The 200 day moving average is at 20.18 and makes for a clear target.

Trade 'em well!

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All ideas shown on this blog represent the authors opinion based on the data available.