|
|
Rank: Advanced Member
Groups: Member
Joined: 8/22/2009
Posts: 220
Location: Amsterdam
|
February 10 calls trade at $ 0,50. Not too bad with three weeks left until expiration.
|
|
Rank: Advanced Member
Groups: Member
Joined: 3/27/2009
Posts: 57
|
Hey Likesmoney, this stock looks very promising if it breaks through the $5.00 resistance here. If so, $6 looks easily obtainable. 
|
|
Rank: Advanced Member
Groups: Member
Joined: 3/27/2009
Posts: 57
|
Here's one more that looks to be ready to break through some resistence and make a run. 
|
|
Rank: Advanced Member
Groups: Advance
, Member
Joined: 1/30/2009
Posts: 770
|
bhughes Both ACTU & DRJ do look like they will break through resistance. I had ACTU on my radar -- missed DRJ -- probably due to its volume. Both stocks showed considerable strength -- despite the market sell-off last week. I believe that the markets are having an intermediate cycle correction and think that the sell-off could last 2-3 more days. The SPY had some buying on strength on Friday -- a signal that the big boys may be ready to get back in. Here is another stock that showed nice strength last week.  Notice how the 50 MA contained the December rally until the 20 EMA crossed up through the 50 MA. Now SNV is working through Resistance @ 2.95 with the 200 MA sitting at 3.07 SNV may need a few days trading between the 20 EMA & the 200 MA. I think that when the markets rally -- this will break through the 200 MA Happy Trading
 May We All Make More $$$ Faster Likesmoney http://likesmoney.comxa.com/
|
|
Rank: Advanced Member
Groups: Member
Joined: 3/27/2009
Posts: 57
|
How bout dem apples? Only thing is, ACTU is releasing earnings tomorrow after the close. I don't like staying in a position through earnings. Thoughts? 
|
|
Rank: Advanced Member
Groups: Advance
, Member
Joined: 1/30/2009
Posts: 770
|
bhughes wrote:How bout dem apples? Only thing is, ACTU is releasing earnings tomorrow after the close. I don't like staying in a position through earnings. Thoughts? If you stay in the position -- sell on the news There have been plenty of examples of stocks running up into earnings and going down after good numbers. Happy Trading
May We All Make More $$$ Faster Likesmoney http://likesmoney.comxa.com/
|
|
Rank: Advanced Member
Groups: Member
Joined: 8/22/2009
Posts: 220
Location: Amsterdam
|
Here is a stock one just might want to play into earnings, release date is Feb 10 after market close. Options are thinly traded but it should be possible to obtain the Feb 5 call for 35 to 40 cents. If you want both ways I believe you can get the 5 straddle for 55 to 60 cents.
tomb traider attached the following image(s):
|
|
Rank: Advanced Member
Groups: Member
Joined: 3/27/2009
Posts: 57
|
Well it looks like I've gotten lucky twice since yesterday. Against my better judgement, I stayed in ACTU yesterday. Luckily at the market close they announced that they beat earnings estimates by .01. Not sure if it's going to push it higher, but at least it shouldn't plummit this morning (I hope).
Then this morning, I see that DDSS received FDA approval for it's antidepresent drug. I was going to play it up to the Feb.11 date which is when it was expected to get approved. Now I get to see how much the approval will push it up. I'll post some charts at the end of the day.
Trade Strong.
|
|
Rank: Advanced Member
Groups: Member
Joined: 3/27/2009
Posts: 57
|
Wow, I guess I spoke too soon. Both of these stocks tanked today and I got stopped out. Looks like the DDSS didn't actually get approved dispite what the headlines said.
|
|
Rank: Advanced Member
Groups: Member
Joined: 3/27/2009
Posts: 57
|
SIAF may be worth watching. Seems to be finding support at previous resistance ($1.29). This run down was also on falling volume which is good as well. 
|
|
Rank: Advanced Member
Groups: Advance
, Member
Joined: 1/30/2009
Posts: 770
|
  Happy Trading
May We All Make More $$$ Faster Likesmoney http://likesmoney.comxa.com/
|
|
Rank: Advanced Member
Groups: Member
Joined: 3/27/2009
Posts: 57
|
Wanted to post this stock b/c it's the only thing I've seen worth a flip the past couple of weeks. I got in today at $2.28. Didn't take off after that but ended near the day's high so it's still looking bullish from here. I did make some money on LLEN though. Sold my shares yesterday when it decided it was done going up for now. Not a bad stock, keep an eye on it.  
|
|
Rank: Advanced Member
Groups: Member
Joined: 8/22/2009
Posts: 220
Location: Amsterdam
|
RFMD broke out upwards today, although barely. I would like to see some confirmation tomorrow, but volume looks good. The ask for March 5 call options was $5 at the close, April 5 calls traded for $10.
tomb traider attached the following image(s):
|
|
Rank: Advanced Member
Groups: Advance
, Member
Joined: 1/30/2009
Posts: 770
|
 Happy Trading
May We All Make More $$$ Faster Likesmoney http://likesmoney.comxa.com/
|
|
Rank: Advanced Member
Groups: Member
Joined: 8/22/2009
Posts: 220
Location: Amsterdam
|
EPIQ looks quite bullish. It is about to break up through the 50 SMA and on top of that MACD is about to cross the zero line. The option configuration may play a role here as there is large open interest on the Apr 12.50 put of 1700 open contracts. If EPIQ breaks 12.50 the delta on these puts should diminish causing market makers to (partially) cover the short positions they took on to hedge the sale of those puts.
tomb traider attached the following image(s):
|
|
Rank: Advanced Member
Groups: Advance
, Member
Joined: 1/30/2009
Posts: 770
|
 Happy Trading
May We All Make More $$$ Faster Likesmoney http://likesmoney.comxa.com/
|
|
Rank: Advanced Member
Groups: Member
Joined: 8/22/2009
Posts: 220
Location: Amsterdam
|
RMTR jumped from $2 to $3 in a week in early March and has been rangebound since. Last week it started to move up again, today it rose through the 20 sma on large volume. Could be the start of a next leg up.
tomb traider attached the following image(s):
|
|
Rank: Advanced Member
Groups: Member
Joined: 7/8/2009
Posts: 178
|
Watch that one tomb. It's had quite a few up days and it's approaching a resistance area. If it can push through your good. Trade well my friend.
|
|
Rank: Advanced Member
Groups: Member
Joined: 8/22/2009
Posts: 220
Location: Amsterdam
|
IT closed today just in between the 20 and 50 SMA. The latter is at 22.95 and could be taken out tomorrow. If it can get past 23.10 one might consider opening a position with a stop near the 20 SMA. There is one potential problem; Volume at price suggests a congestion area around 23.60.
tomb traider attached the following image(s):
|
|
Rank: Advanced Member
Groups: Member
Joined: 8/22/2009
Posts: 220
Location: Amsterdam
|
WCG broke out of a downtrend yesterday on improving volume. Technically it looks good as well, one issue is where to place the stop loss. A trendline breach at around 30.30 may be to tight while the 20 SMA at 29.85 would imply a 4% loss when stopped out. On the other end, if it takes off it may run to 34.50 before encountering resistance which makes for a good reward.
tomb traider attached the following image(s):
|
|
|
Guest |
