Hot Pick Of The Day

[Peter Hansen]

NB Good Day Sir ! MCZ Advice?

NB ws seriously considering picking up MCZ Mediacatz Interactive .....it is .49 and on the AMEX ,I dont think much downside ....but could prove profitable from here.........What say you?

Thanx Pete

[New-born baby]

NB ws seriously considering picking up MCZ Mediacatz Interactive .....it is .49 and on the AMEX ,I dont think much downside ....but could prove profitable from here.........What say you?

Thanx Pete

Pete:
MCZ on the weekly looks like a smallish cup with handle breakout, and retest. Question: is the retest a retest, or is it a double top? We won't know until MCZ breaks out above the $.49 level. The daily doesn't look nearly so good. It suggests a failure and a return to $.42. You realize that this is officially a bearish stock, being under its 10, 50, and 200 day averages. Lots of danger here. [Note: I do realize that the daily trumps a weekly chart. But MCZ really needs to bust the $.49 level to make me want to put on the bull horns].

How to play it? Buy the $.42 support, or recognize (if you take it here) that MCZ may return to $.42. That $.42 support is strong, so it should hold if the CEO didn't embezzle all the cash the company could borrow

[Runner]

NB, my call on Ba was way off track. URBN did hit the 17.00 and hold. I've not bot it and will keep it on my screen for a little while.

[New-born baby]

NB, my call on Ba was way off track. URBN did hit the 17.00 and hold. I've not bot it and will keep it on my screen for a little while.

FedEx trumped the chart.

[Peter Hansen]

CHCG may Look Good Here?

NB Good morning my good man.....CHCG looks good at this time ......any thoughts. Thanx and have a blessed day.......Peter!

[New-born baby]

NB Good morning my good man.....CHCG looks good at this time ......any thoughts. Thanx and have a blessed day.......Peter!

And good morning to Mr. Pete Hansen. Let's see, CHCG weekly:
Current support levels are: $3.17 and $2.37.
Current price: $3.45
Current resistance: $3.90, $4.51, $6.70

If you are not in it yet, I'd say I would want to enter either at support $3.17, or on the breakout above the weekly triangle. Looking at the daily, it has broken out already. Nice looking chart.

[Peter Hansen]

NB once again.....GREAT analysis!

NB I may take a small position in CHCG ....also I know you like options .....you may like this HAL JAN 30 Calls HALAF......I may buy a few contracts ?

[New-born baby]

NB I may take a small position in CHCG ....also I know you like options .....you may like this HAL JAN 30 Calls HALAF......I may buy a few contracts ?

Dems seized the house, and may seize the Senate. HAL is a defense contractor. Not likely HAL will move up right away. The Dems love to cut defense. Short seems better play on chart and fundamentally for now.

[Peter Hansen]

NB CHCG up 20%

NB Too bad I did not buy it but CHCG ws up 20% .....These 2 are OTBB stox......but their charts look pretty good ADDL and FNGP ....may buy a small position in each ? What say U?

[New-born baby]

NB Too bad I did not buy it but CHCG ws up 20% .....These 2 are OTBB stox......but their charts look pretty good ADDL and FNGP ....may buy a small position in each ? What say U?

Pete:
FNGP--had a nice breakout yesterday; if she clears $2.80 could run up to $4.

ADDL--I think she runs up to $2.00. Nice bull flag.

All the China stocks moved up strongly yesterday. Look at a chart on AOB. HOT. COGO bounced nicely, too.

[New-born baby]

Hot Pick For Thursday

Here's my pick for today: NVDA

The chart says it all.

[Runner]

NB, looks as if URBN has successfully tested lower channel.. SIRI weekly is also showing a change in character..

[New-born baby]

NB, looks as if URBN has successfully tested lower channel.. SIRI weekly is also showing a change in character..

Runner,
I really like your work. I should have bought URBN, and still looks good IF URBN breaks out above $19.50 (imho). PnF doesn't like SIRI until she busts above $4.25, but I think that is probably a done deal. Very bullish move lately.

Your thoughts on NVDA? A buy for you? Very bullish volume these past few days.

[Runner]

NB, at this juncture I'd like NVDA to bust out into all time highs. Could do this but for now I'd let it prove itself. Remember this is just my take on it. I'm bull on it but would stand in wait and see mode!

[New-born baby]

Grow

GROW just popped $5.66 today. Looking for another $10 pop.