Fuinhaz Setups for April 10 2013 | $BBRY $BIDU $CIEN $ERIC $ESLT $FB $MNKD $YHOO $ZNGA

$BBRY Daily Chart – Always trying to make a presence on my scans, but again 15.52 is the cherry on the cake. If it does not get to that level, there is no trade long or short.

$BIDU Hourly Chart – Needs to cross 86.55 to looks like a good long trade. It will most likely sell once it gets there. I really doubt it can go higher once it reaches that level without a pullback.

$CIEN Weekly Chart – I heard so much of the phrase “Fuinhaz you are wrong” when I talked about $CIEN about a month ago and how it would sell off under 17.11. Guess what? it did, and I still believe the current target is 14.48. For this to e a decent strong long, yes it needs to cross 17.11.

$ERIC Weekly Chart – There is nothing really gooing on in $ERIC to push itself higher. This stock will re-test the 23.6% level one more time, before it can go higher.

$ESLT 2 Day Chart – Another stock that needs to re-test the lower Fibonacci level, before it is cloear to go higher.

$FB 4 Hour Chart – I think this time the move is for real. As long as it gaps up and holds the 20ma during the day, I do think it now have the clear signal to reach back to the 38.2% Fibonacci Level.

$MNKD 2 Day Chart – I like this setup going long. I will be looking for the 20ma, and once it holds, then take it with the 1st target being 4.83.

$YHOO Weekly Chart – Everyday it gets closer and closer to the 24.50 target, but man it is slow.

$ZNGA Daily Chart – No real catalyst, so a re-test of the lower Fibonacci level is most likely to be seen.