What's Hot and What's Not 4/25/07
Hey folks,
Today, I think it's easier if we first go through the "what's not hot" section. First off, as a new short, check out AKAM. Today, AKAM has sliced down, right through the 50day MA and closed below it on higher than average volume. Hence, it makes a good short.
What's Hot: LIFC ( I mentioned this one when it was just bottoming, around 23/24), DXPE ( I just mentioned this one a few days ago as a new buy. Today it has broken out to a new high).
Unfortunatly, some of my best movers are stocks that I sold way to early. One stock that I took profits in too early was MTOX. Although I still like MTOX and would like to re-initiate a bigger position, I have to take into consideration that the stock has become too extended for a safe entry point. I will wait for a pull back and then jump back in. Otherwise, check out stocks that are just begining to breakout.
Labels: What's Hot and What's Not
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home