Steckler's Star Studded Stock Picks

[mystiky]

Noiz / Yhoo

Hi Steckler,

Any thoughts or comments on NOIZ / YHOO?

I went short on NOIZ today above 19.30 and long on YHOO at 31.60.
Looking for targets of 17.50 cover for NOIZ and 33 for YHOO.

Thanks!

[DSteckler]

You can't go wrong covering NOIZ at 17.50. If YHOO closes below 30 I think it will revisit 25.

[DSteckler]

Two to watch this morning

OVTI - small symmetrical triangle. Has been sticking to the 20-day EMA like glue since early November.

SOSA - double top.

[alice4321us]

Entry

OVTI - small symmetrical triangle. Has been sticking to the 20-day EMA like glue since early November.

SOSA - double top.

Dave

Can you suggest any entry points for SOSA

Regards

Alice

[DSteckler]

Alice, double tops are potentially bearish so I'd be wary against a false breakout. Positive action yesterday was that SOSA was up on heavier volume on a crappy day. For an entry I would wait outthe first half hour and if SOSA is trading above 13.55, then you could buy - just be careful not to buy if it's moved too high.

[DSteckler]

CHB worth watching

CHB formed a rectangular base with 15.80 as resistance and 15.10 as support. Daily and weekly technicals suggest a higher price is more likely than a lower price.

[DSteckler]

A few to watch

CYBS - symmetrical triangle. Volume Flow Indicator went positive yesterday and ADX is approaching the low level that suggests a significant move is in the works, in whichever direction the triangle breaks out.

ERS - symmetrical triangle and double its 200DMA. Stocks this extended tend to break down. SUpport line is around 19.80.

FDG - symmetrical triangle. Very low ADX (14.12) and overbought stochastic suggests this one moves lower.

[DSteckler]

Some morning movers

GNTA - the biopharms have been hot.
IIF
NURO - very low ADX (12.94) and a breakout in progress.
SIRF - very close to breaking out from a continuation H&S.
CYBS - broke out through the resistance line of the triangle.

[Trevormore]

Lstr Vlo Btu

Sold my LSTR at 47 this morning...beautiful 2 - 3 day play. Sold my VLO this morn at 54.65....about 70 cents....and replaced it with BTU....the more I think about it the more I like the energies right about here

[Trevormore]

Sirf Grmn

Like SIRF Dave. Been playing that and GRMN consistently. Think both of these stocks are the story stocks of 2006....just bought GRMN at 68.10

[Trevormore]

Energies

Hoping for a bullish report on the oil inventory to be released at 10:30 est....nat gas and oil are moving up in anticipation I suspect...should bode well for VLO and BTU

[Trevormore]

Sirf

Beautiful call on SIRF Steck.....very nice

[DSteckler]

Thanks, Trev.

Check out IGW; back above the 20-day EMA.

[DSteckler]

Mmm...mmm...mmm...mmm...mmm...tasty

OVTI - beautiful breakout
SIRF - ditto
CYBS - schweet!
ARRS - nice bounce off the 20-day EMA
CDIS - a POS that's back above the 20-day EMA.

[Trevormore]

Asei

Don't know if anyone recalls ASEI....been waiting for this for months....target of at least 100 this year