Friday, January 25, 2008

New Favorite Chart Setups

Here are several other charts worth keeping an eye on...

FDG
Right now, FDG looks a bit extended. I'm watching it for a better entry.








INET


This recent IPO has huge potential in the near term future. Now is a good time to buy some as the stock is begining to show some strength.





NURO























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5 comments:

  1. Yre6:34 PM

    Jump on board with PAL or SWC.

    I am hoping it will double in few months.

    ReplyDelete
  2. Nick M.5:27 PM

    Yre,

    I've already got my eye on both of them. I'm just not too crazy about either of them....yet.

    ReplyDelete
  3. Chad6:21 AM

    INET looks pretty interesting, but it's pulling right up into some solid resistance. You holding through that?

    -Chad.

    ReplyDelete
  4. Nick M.9:59 AM

    Chad,

    I may take some off the table if it faces major resistance, but once I see it take out its old high, I will add to my position. There is nothing more bullish than a stock heading into uncharted territory during a market correction. So far, the stock has done a wonderful job coming off the lows and is already showing impressive strength.

    ReplyDelete
  5. Nick M.12:45 PM

    Well, it looks like NURO bit the dust today. Although I did like its chart at the time, I'm glad that I waited and did not buy into it. FDG and INET have definitely performed better.

    ReplyDelete