Like how the stock is not trading with the market, and the breakout above 200 day.
Friday, June 19, 2009
Wednesday, June 17, 2009
$AVLR
ALVR GAP UP THIS MORNING. $4 - $4.30 are the next level of resistance, a break above that should send the stock straight to 5.50.
Tuesday, June 16, 2009
SPX UPDATE!
Watch out folks! Once again breaking an uptrend! Good to raise cash! wait for better days! Next support is the 200 day 907.90!
$GLUU
$GLUU broke out this morning!
Also pay attention to: ACAS(Recommended on friday - 6/12) LVLT CVM and MPG
Master is expecting a doji day today! I suggest you to read his blog everyday before you trade! In my opinion Doji day is a perfect day to trade dollar stocks. Good Luck all.
Also pay attention to: ACAS(Recommended on friday - 6/12) LVLT CVM and MPG
Master is expecting a doji day today! I suggest you to read his blog everyday before you trade! In my opinion Doji day is a perfect day to trade dollar stocks. Good Luck all.
Sunday, June 14, 2009
NSTR lottery ticket! (DELISTED)
Update: Stock being DELISTED dont' touch!!
Interesting chart, isn't it? The stock broke out above the $2 range on Friday-6/12 caught my attention. If that does not mean something, then I don't know what does. I'm not saying that this is a 100% LONG scenario. However, the rewards by far outweighs the risks. Let's say that the stock gaps down to $1 from here, that is nearly a 50% loss; but if you look at the up side from here ($7 - $8 range), that is a 250% to 300% gain. 50% loss vs. nearly 300% gain! I say that is a good bet.
But of course, do your own due diligence. There is a reason I titled this post as "lottery ticket". After all, isn't buying stocks is about taking calculated risks? You be the judge.
Disclosure : 5% LONG NSTR.
Interesting chart, isn't it? The stock broke out above the $2 range on Friday-6/12 caught my attention. If that does not mean something, then I don't know what does. I'm not saying that this is a 100% LONG scenario. However, the rewards by far outweighs the risks. Let's say that the stock gaps down to $1 from here, that is nearly a 50% loss; but if you look at the up side from here ($7 - $8 range), that is a 250% to 300% gain. 50% loss vs. nearly 300% gain! I say that is a good bet.
But of course, do your own due diligence. There is a reason I titled this post as "lottery ticket". After all, isn't buying stocks is about taking calculated risks? You be the judge.
Disclosure : 5% LONG NSTR.
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