Hot Pick Of The Day

[New-born baby]

Ceo

Looking for a recent breakout with potential for excellent upside in a crummy, bearish market? Here's one I like: CEO. Yup. It just brokeout of a triple top formation, on decent volume (not crushing volume like I want, but still, on above average volume), and offers an excellent option chain to carry you through. And it sport massive support at the $82 level, so the downside risk is limited. Sitting right at the $90 marker today, with $100 1st target, and $116 2nd target.

[IIC]

Congrats to you and your father on the successful surgery. Lots of folks have benefitted from the heart technology that has been developed. May the Lord grant your father many happy years.

Well...He and my Mom are on this road trip right now...No schedule...They dont answer their cell (Only outcalls)..Just driving all over the place...Got an email yesterday...Rawlins WY...They just keep going and going and going...IIC

[IIC]

i work for the fire department as a fireman!!!

ninner...On the West Coast we call it "FIREFIGHTER"...IIC

[Runner]

Looking for a recent breakout with potential for excellent upside in a crummy, bearish market? Here's one I like: CEO. Yup. It just brokeout of a triple top formation, on decent volume (not crushing volume like I want, but still, on above average volume), and offers an excellent option chain to carry you through. And it sport massive support at the $82 level, so the downside risk is limited. Sitting right at the $90 marker today, with $100 1st target, and $116 2nd target.

NB, the Ind Oil & Gas group is approaching a possible triple top. I’d be cautious at this time in this sector. If it can manage to bust out look out as CEO should sail to your price targets.

[ninner]

id be careful anyways

i wouldnt open any new long postions right now anyways...too risky..i think it will be another down week imo.

[New-born baby]

NB, the Ind Oil & Gas group is approaching a possible triple top. I’d be cautious at this time in this sector. If it can manage to bust out look out as CEO should sail to your price targets.

Thank you Runner and Ninner for the warnings. Yes, I agree: caution in this market is a must. Taking a long here would be supported by the sell of a call, and the purchase of a put. That DEC call looks good, and the put would be purchased on the first pullback day. In fact I just checked the crude futures tonight and I see crude is already trading down $0.65. Looks like a pullback day on the oil stocks.

[New-born baby]

Well...He and my Mom are on this road trip right now...No schedule...They dont answer their cell (Only outcalls)..Just driving all over the place...Got an email yesterday...Rawlins WY...They just keep going and going and going...IIC

I stayed in Rawlins, WY last year for a night. Glad to hear that they are enjoying life

[ninner]

Ngps

this one looks interesting..it pulled back almost to the 20 day moving average. i see some resistance around 42. but i like that if u look at the slow stochastics they are making higher lows which may mean the trend may be a strong one. Friday was abit of indecision day however, but i believe the bullish engulfing signal is still valid

[spikefader]

CEO: Looking for a recent breakout with potential for excellent upside in a crummy, bearish market? Here's one I like: CEO. Yup. It just brokeout of a triple top formation, on decent volume (not crushing volume like I want, but still, on above average volume), and offers an excellent option chain to carry you through. And it sport massive support at the $82 level, so the downside risk is limited. Sitting right at the $90 marker today, with $100 1st target, and $116 2nd target.

Great pick, New-Born. http://technicaltrades.net/bollingerbands&psar/ceo.html
Keep up the great work and thanks for all the ideas you throw out there!

[New-born baby]

Great pick, New-Born. http://technicaltrades.net/bollingerbands&psar/ceo.html
Keep up the great work and thanks for all the ideas you throw out there!

Thank you, Spike. And please comment anytime on anything thrown up on my thread. Oftentimes others can pick up on something I have missed!

Oil is pulling back in the premarket. That might make an excellent opportunity to pick up some CEO at the breakout marker of $86.00.

[New-born baby]

this one looks interesting..it pulled back almost to the 20 day moving average. i see some resistance around 42. but i like that if u look at the slow stochastics they are making higher lows which may mean the trend may be a strong one. Friday was abit of indecision day however, but i believe the bullish engulfing signal is still valid

Ninner,
Incredible that I almost posted on this one Saturday, but was too tired to throw it up on the board. Yes, I have been watching NGPS and I like what I see. About a year ago I traded this one in the $22 range. Looks like I should have just held it for a year, doesn't it?

NGPS recently had a triple top breakout and is right now retesting the neckline. Excellent entry opportunity here. It has an option chain, though not a rich one. But then again, buy it here at $40 and sell the DEC $40 call and it pulls down 11.75% for four months.

I like the buy right here at $40, and first target of $48. 2nd target is $63.

[DSteckler]

Not sure why u included yesterdays low, high, close in a trading range with the previous days but oh well

Huh? Just what exactly do you consider "yesterday's" trading range if not the previous day?

[jiesen]

Ninner,
Incredible that I almost posted on this one Saturday, but was too tired to throw it up on the board. Yes, I have been watching NGPS and I like what I see. About a year ago I traded this one in the $22 range. Looks like I should have just held it for a year, doesn't it?

Yeah, I know! I also regret selling this one too soon (somewhere around $30 I believe).

[ninner]

drq as a short

this is one to keep your eye on ...just crashed through the 50 on heavy volume.....i wouldnt yet...as im sure it will try and rally above the 50...if it loses steam on that attempt i would short the piggy.

[New-born baby]

this is one to keep your eye on ...just crashed through the 50 on heavy volume.....i wouldnt yet...as im sure it will try and rally above the 50...if it loses steam on that attempt i would short the piggy.

Ninner,
Thank you, and I will short the piggy