New Buy Ideas: ACOR, AUXL, CZZ (rebuy), DEPO, DPTR, DVAX, PTEC (rebuy), SMTS, UWN, UXG
These are just a few long ideas. Of course, not all of them will perform well. Concentrate on the ones showing the most strength.
Update 2:30PM- So far, AUXL is the only one showing any real promise.
Add To:
Sell:
Short:
Loaded up some uxg !
ReplyDeleteYre,
ReplyDeleteI hope you didnt jump in too soon.
I was whipsawed out of CZZ early this month. What's your theory on it?
ReplyDeleteI see declining oil prices having a bad effect on ethanol plays like CZZ.
-Chad.
Chad,
ReplyDeleteI also got shaken out of CZZ a few weeks ago. I like CZZ just because of its technicals and chart pattern. Others (longer term investors, etc) like it because it is an agricultural play. I mentioned it as a trade idea soley on the technicals.
I see a consolidating mess over the last 20 days. Can you throw up an annotated graph of what you're looking at? You can email it if you'd prefer. I'm curious.
ReplyDeleteI pick up the higher lows, but with lower highs going with them...
Sure CZZ is consolidating from its previous high, but when I look at the chart, I see a stock that is setting itself up to spring higher. I like CZZ just based on yesterdays action. Even todays action was not that bad considering the stock closed well off of its LOD. It would have surely been a mess if the stock retraced its entire Jan 28 run up. But it didnt (unlike SUSS for example). This to me is a postive technical sign.
ReplyDeleteChad,
ReplyDeleteIf you still need me to explain it in better detail, leave me your email so that I can send you the chart highlighting some of the key points.
No, man, you got it. I was looking up something for one of my own last night and noticed the same patterns in a lot of different examples; "penant" or wedge-ish.
ReplyDeleteThanks!
-Chad.