{"id":33279,"date":"2018-08-28T12:40:42","date_gmt":"2018-08-28T17:40:42","guid":{"rendered":"http:\/\/www.t3live.com\/blog\/?p=33279"},"modified":"2018-08-28T12:40:42","modified_gmt":"2018-08-28T17:40:42","slug":"scott-redler-ibb-more-upside","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2018\/08\/28\/scott-redler-ibb-more-upside\/","title":{"rendered":"Can IBB Power Even Higher From Here?"},"content":{"rendered":"

IBB has been in close focus for Redler All-Access this week.<\/p>\n

On Monday, I told readers this:<\/p>\n

The bios held in well and perked up as IBB <\/b>held $115 and cleared $117. Perhaps this week it gives a better move above $118.40 towards the $120 highs. We\u2019ll look for clues.<\/em><\/p>\n

<\/em>I ended up getting long during the day as it cleared the $118.30 area.<\/p>\n

If that level holds, I'll try and stay in. In time, it seems like it should clear $119.78, then $120.06 for more upside. So keep those levels on your radar.<\/p>\n

\"\"<\/span><\/p>\n

AMD <\/strong>(AMD) has been another big name for us.<\/p>\n

It's been a great vehicle in 2018 and hit short and longer-term objectives fast. <\/p>\n

It's been very extended and I got short earlier this morning. I'll proceed carefully with it.<\/p>\n

\"\"<\/span><\/p>\n

If we're talking AMD<\/strong>, we should cover NVDA <\/strong>too.<\/p>\n

There was a big Red Dog Reversal buy signal last Monday around the $243.73 pivot. It also had power to clear $263 and hit $278.90 yesterday.<\/p>\n

I would not chase it here. Maybe it gives a cute short opportunity but I'll proceed carefully in any case.<\/p>\n

\"\"<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

IBB has been in close focus for Redler All-Access this week. On Monday, I told readers this: The bios held in well and perked up as IBB held $115 and cleared $117. Perhaps this week it gives a better move above $118.40 towards the $120 highs. We\u2019ll look for clues. I ended up getting long during the day as it cleared the $118.30 area. If that level holds, I’ll try and stay in. In time, it seems like it should clear $119.78, then $120.06 for more upside. So keep those levels on your radar. AMD (AMD) has been another big name for us. It’s been a great vehicle in 2018 and hit short and longer-term objectives fast. It’s been very extended and I got short earlier this morning. I’ll proceed carefully with it. If we’re talking AMD, we should cover NVDA too. There was a big Red Dog Reversal buy signal last Monday around the $243.73 pivot. It also had power to clear $263 and hit $278.90 yesterday. I would not chase it here. Maybe it gives a cute short opportunity but I’ll proceed carefully in any case.<\/p>\n","protected":false},"author":4,"featured_media":21349,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[671,76],"tags":[],"class_list":["post-33279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-no-ads","category-scott-redler"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/33279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=33279"}],"version-history":[{"count":6,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/33279\/revisions"}],"predecessor-version":[{"id":33288,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/33279\/revisions\/33288"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/21349"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=33279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=33279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=33279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}