BMET gapping 'n snapping after earnings. BMET broke the declining 200 period moving average on the 60 minute chart. 28.75 will be next resistance for potential move to 30 but not in this market climate unfortunately I would not be going long here if you missed the morning gap 'n snap.
ALERT!!! all EMS stocks we posted are in SHORT SELL MODE. (JBL, FLEX, SANM, CLS) Notice how we were in BUY mode in JBL just the last two sessions (especially stronger yesterday until it moved into OVERBOUGHT position). It was only a matter of time that JBL would PAY BACK the piper for taking out a very large CREDIT ADVANCE! Looking to hold a put position and/or short through earnings but there is plenty of time.
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