Stock Market Jittery – No Direction

Bombardier class A stock shares - stock chart

Currently, I am only trading 2 stocks, Microvision (MVIS) and Bombardier (BBD-A.TO), however since I got into the trading positions for these 2 stocks the stock market is having trouble setting a direction.

On the charts it would seem that both stocks have hit a bottom, and all I am looking for is a movement of about $0.15 to $0.18 and I get out….however it seems that the stocks are struggling to even move that little in price action.

A lot of factors have spooked the market, and it would seem that either we are going sideways for a while and then down, so at first opportunity I think I will wait for a short-term tiny spike to make my little profit or be stopped out a small loss.

Let’s see what happens next week and see if the stock market will give me a tiny spike upwards. :)

Keep you posted.

by Das Brain

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