Thursday, July 23, 2015

7/23/15

$ITEK is a perfect example of what I blogged about yesterday. This stock had a HUGE move today after the 9EMA(blue line) crosssed over the VWAP(red line). So far, its up pretty much 100% since the crossover. I'm still not back to trading, but if I had been at my desk this morning I would have considered a long position over the premarket high of 8.84 and seeing the EMA and VWAP crossover would have been a good confirmation of the move. 


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