Bullish stocks near support

[steelman]

Thanks Billy,

When I was trading stocks my exit was when 3 things would happen. These would not necessarily happen on the same day.
1. If the price dropped below it's 30 day MA
2. Stochastics dropped below 75
3. MACD went negative

If all 3 of these are in place I could sell. However I had been setting a stop at 3% below the current price at this point because I didn't want to lose out on a bounce at support. I would always take profit at 15% unless these indicators suggested the stock is still moving up. Or I would ask Ski where he thought it would be headed, LOL

My entry has always been the complete opposite.
1. price moved above it's 30 day MA
2. Stochastics was above 25 and still turned up
3. MACD is positive and still turned up.

Since I have slowly moved into options, all these still hold. I still look at these for my entry and exits.

[steelman]

Here's what came up tonight.

SFSF Successfactors, Inc.
CPHD Cepheid
EMS Emergency Medical Svc
SCLN Sciclone Pharm.
ASPS Altisource Portfolio Solutions

I believe these will do really well this week if the market trend goes UP.

[steelman]

Bearish

It might be time to change this thread from Bullish stocks near support to Bearish stocks near resistacne

[steelman]

Green Moutnain Coffee Roasters

Ok, I know it's been crazy out there but, I really like GMCR. I am long on this one. I bought some September $25 calls today. GMCR ranks very high in earnings, revenue and growth. Investools has a projected price of $137.82. Gross profit went from $177 million in 2008 to $250 million in 2009. NET income went from $22 million to $56 million during the same time frame. Also, take a look at the earnings estimates. I am lovin' me some coffee today. Seems like people will always drink coffee and buy clothes, shoes, beer and liquor in good times and bad.

[riverbabe]

Ok, I know it's been crazy out there but, I really like GMCR. I am long on this one. I bought some September $25 calls today. GMCR ranks very high in earnings, revenue and growth. Investools has a projected price of $137.82. Gross profit went from $177 million in 2008 to $250 million in 2009. NET income went from $22 million to $56 million during the same time frame. Also, take a look at the earnings estimates. I am lovin' me some coffee today. Seems like people will always drink coffee and buy clothes, shoes, beer and liquor in good times and bad.

Steel, I really like this one too. Bot it 4/28 in the PM when it dropped after earnings (73.93). Nice 3 for 1 split this week. I have a Keurig single-cup coffee maker and buy all those brands of K-cups from GMCR/Keurig. Good stuff and growing business!

[wooish]

OK I'm joining you guys, just got filled GMCR Sept $25, small position but will buy more to scale in. Wow I'm on a buying spree, today I bought GMCR, GE Sept $16, BWLD Sept $45, NYB Oct $17 and DIA June $103 calls.

[skiracer]

OK I'm joining you guys, just got filled GMCR Sept $25, small position but will buy more to scale in. Wow I'm on a buying spree, today I bought GMCR, GE Sept $16, BWLD Sept $45, NYB Oct $17 and DIA June $103 calls.

I like the Oct. 17 NYB calls myself wooish. didnt buy them yet but am kicking myself for not buying the stock or the calls when the stock was at $15.21 today. All NYB needs is an up market.

[steelman]

Odsy

Does anyone know why ODSY had that big gap up yesterday? The market was down a lot yesterday and ODSY went up 38.67% with a huge spike in volume. Avg volume is 878,000 and yesterday it had 17 million shares traded.

[riverbabe]

Does anyone know why ODSY had that big gap up yesterday? The market was down a lot yesterday and ODSY went up 38.67% with a huge spike in volume. Avg volume is 878,000 and yesterday it had 17 million shares traded.

Being bot by Gentiva:

http://biz.yahoo.com/e/100524/odsy8-k.html

But also see big big questions here in news headlines: http://finance.yahoo.com/q?s=odsy

[steelman]

GMCR currently at $24.20, up 3.42% from yesterday. If we can break 30 day MA resistance, I think we are all going to be really happy with our Sep calls!!

[steelman]

Here are today's Bullish Stocks near support.

VRX Valeant Pharm Int
DLB Dolby Lab Inc
ALXA Alexza Pharm
H Hyatt Hotels
IDXX Idexx lab. Inc.

There were 39 that came up, not sure how. These 4 seem to have the best charts and poised to POP up if the market turns positive.

[steelman]

Yesterday I had picked up some September $45 calls from $$$Mr. Market's$$$ Lululemon!! They are up from $2.50 to $5.00 today. I will be watching LULU closely.

I currently have calls in LULU, GMCR, ALXN, QCOR, CBI which are either in the money or very close. If the market turns up, these should do very well and offset the losses in May from some other calls I had.

The S&P's stochastic turned up above 25 at the end of May about the same time as MACD histogram went positive above 0. It's 30 day MA is 1139 and it's at 1102. If it crosses the 30 day, we should be in for a nice ride up. Let's hope for positive news and headlines. Hope everyone is doing well.

[steelman]

Seriously, is it too much to ask for to have 2-3 up days in a row???

[wooish]

Steel

Actually I think that's asking a lot in this economic environment. If it weren't the government and GS spinning bad news to good, the S&P would be at 600 by now. Only a handful of websites that publish the fact about bad news around the world and www.zerohedge.com is one of them. I read this site everyday just to check how much our government is lying to us.

[skiracer]

Seriously, is it too much to ask for to have 2-3 up days in a row???

steel
are you still holding those lulu calls?