Today I think FLL showed severe weakness and no longer recommend it as a long. The stock dropped over 13% on super high volume in a massive sell-off.
Here’s a look at the action:

We saw a reversal yesterday and a bearish follow-through today indicating a sell.
On the other hand, I do like CIMT. Here’s a chart:

Strong breakout today from a base on a decent bump in volume.
Lastly, I wanted to continue to support DBLE while many people believe the stock should be shorted.

A large run-up followed by some correction. Let's see if it steadies.
I fully acknowledge that this stock could simply run up and run down, but I think we are just seeing a pullback after huge gains. Tomorrow will tell us a lot. Look for the stock to be flat or positive to stay bullish. If it falls, it may be time to sell out and take gains.
Tagged: CIMT, DBLE, fll, volume
Discussion