Steckler's Star Studded Stock Picks

[DSteckler]

NVAX just took out the 60-day high, which was also the 61.8% retracement level of the October - November decline. Slight resistance at 5.05.

[DSteckler]

WFT gapped

Looks like a series of running gaps.

[DSteckler]

DRRX dip

Looks like they're buying it on the dip.

[RL]

Spike I'm In with my 5 choices couldn't stop the Itch, wish me luck

[DSteckler]

Time to short AAPL?

Stalled rising back to the 20-day EMA. Coincidently (or not), that's also the 38.2% retracement level of the January - February decline. It also appears to be the end of a Wave 4 corrective, although we won't know that until the 2/10 low is taken out (if it's taken out).

[DSteckler]

Re: NVAX resistance

Looking good today but as I thought, it's stalled around the former slight resistance level.

[DSteckler]

RIMG gaining traction?

Expect serious resistance at the 200DMA.

[skiracer]

Looks like they're buying it on the dip.

Dave,
Any thoughts on DRRX. I bought it at $5.50 on what looked to be the intraday neckline break of that small head and shoulders pattern. Ended up not breaking through as I thought it would but still holding it's own above Fridays close. Alot of institutional buying of late on some good news regarding one of their latest drugs in trial. Maybe we'll get a small push by the close.

[DSteckler]

DRRX still looks good to me, Ski.

[skiracer]

DRRX still looks good to me, Ski.

There's a couple of gaps down on the daily that I would like to see it fill an it is now back above the 50 and 200 ma on the daily so those lines now become support theoretically. At the close of the day around 3:55 it looked as if it might sell off some but it held above the previous days close, just barely, but I liked that. Also heavier than average volume today. I'm holding 1000 shares from $5.50. You brought it to my attention with your post an I took a look at the 10 min. chart an it appeared to have a small head and shoulders pattern developing an it was just about ready to break the neckline. I thought it was getting ready to go off but it never broke through the way I thought it was going to. See what happens tomorrow. I'm keeping it on a short leash.

[IIC]

Dave...What's your short term take on the Naz...I think there is strong resistance 2266-2272...Thx...Doug(IIC)

[DSteckler]

The Naz is trading in a descending trend channel. Thursday's and Friday's highs stalled at resistance and couldn't get through. In fact, there's a fair amount of resistance all the way up to 2333. Support in the channel is around 2205.

[DSteckler]

Housing up

HGX index back above its 50DMA. NVR up strong, just above its 200DMA.

[mrmarket]

What happened to Robb?

[mystiky]

DSTI & NSSC

Hi Steckler,

I am glad that I sold my DSTI at above $14... now thinking of maybe re-enteting some around $12.60's. Any thoughts? It really did look like it wanted to retest the $15.50's a few days ago, but how the trend changes.

Also, any comments on NSSC? I think it's heading over $16 but it's also overbought short-term. But then again, it closed at the high of day and a new all-time high today.

Confused...