Hot Pick Of The Day

[Websman]

Take a look at this:


I like the base this stock is building. If it can breakout on heavy volume, it should make a nice momo play.

TZIX is worth watching. Thanks!

[ninner]

beautiful chart newborn......definately one to keep your eye on

thanks

[New-born baby]

Openwave

Readers:

Look at this one:


click on image, then click again to enlarge

That is the weekly. Now look at the daily:



Ninner,
Have you got any money?

[New-born baby]

OIL Price

Here's my view:



Ninner,
UPL lives or dies by the price. The Funds are selling their contracts as fast as they can. The Commercials (who actually use the oil) are buying at about 89% of the rate Funds are selling them. Daytraders are mildly selling oil right now. Sooner or later the Funds run out of contracts to sell. Then they have to start buying or remain on the sidelines. If they buy, another solid bounce.

[ninner]

hey newborn good analysis on oil and upl....personally i think upl is priced at 40 dollar oil rather then 47 so i think its cheap rightnow. what do you think of the hospital stocks....ie uspi or lpnt???

[ninner]

hey newborn i have a stock for you to do an analysis on ...that is google.....o sold half of my shares today....seems like its making new highs on lower volume..which i dont like!!! what do you think???

[New-born baby]

Sorry

hey newborn i have a stock for you to do an analysis on ...that is google.....o sold half of my shares today....seems like its making new highs on lower volume..which i dont like!!! what do you think???

Hey Ninner,

I am out of town right now, and cannot post a decent answer for you until Friday nite or Saturday. Sorry for the delay. . . .

[New-born baby]

GooG:white hot stock

Ninner,

Here's my take on GooG. She's hotter than a firecracker. Channel targets $270. That's right. On both the daily and the weekly. I am not afraid of its current drifting higher on lower volume. I would say that is pretty much normal for it. You have to understand that there are no sellers from above. By this I mean that no one has paid more for the stock than it is currently selling for. No overhead resistance.

But when this thing breaks, I look for a $100 drop in a month. That ungodly gap will get filled. The question is just when, not if.

Click on image. Then click again to enlarge.

[New-born baby]

Lpnt

Ninner,

Looks like it wants $48.50.

[rickflyboy]

You guys were sure right about Google. It had a lot of upside from the $205 where I sold at.

[New-born baby]

Uspi

Ninner,

I like it. $50 target--minimum. Looks strong.



If market isn't an absolute disaster Monday/Tuesday, I look for a nice pop
out of it.

[escamarto]

I don't know if you guys here talk about penny stocks ?

But the hot pick of today was AMRE, picked by David Randolph on http://www.3stocksonfire.com/ and up 292% by the end of the session.

Another good one is NAUC, which is a new stock (pink sheet), but that I think will be the word of the day on the comming months. Their bussiness concept is great, they have shops where people go with their things and they sell it on eBay. AMRE is the major holder of NAUC.

This is just a trading ideia

regards, and congrats on this website !

[ninner]

I agree that is pretty hot...however, im thinking that the gap is going to get filled sooner then later...then i think it will resume and upward trend!! I think cus google is a super growth stock that overhead resistance wont stop it once it fills that gap...just my 2 cents!!

Ninner,

Here's my take on GooG. She's hotter than a firecracker. Channel targets $270. That's right. On both the daily and the weekly. I am not afraid of its current drifting higher on lower volume. I would say that is pretty much normal for it. You have to understand that there are no sellers from above. By this I mean that no one has paid more for the stock than it is currently selling for. No overhead resistance.

But when this thing breaks, I look for a $100 drop in a month. That ungodly gap will get filled. The question is just when, not if.

Click on image. Then click again to enlarge.

[ninner]

thanks for your comments newborn they are greatly appreciated!! Just to let you know i bought some uspi today at 45....so im hoping your correct in your target price....just curious....what book would you recommend on technical analysis...its seems pretty interesting.

cheers buddy

ninner

[New-born baby]

Books

thanks for your comments newborn they are greatly appreciated!! Just to let you know i bought some uspi today at 45....so im hoping your correct in your target price....just curious....what book would you recommend on technical analysis...its seems pretty interesting.

cheers buddy

ninner

"Encyclopedia of Chart Patterns" by Thomas Bulkowski
"Technical Analysis of Stock Trends" by Robt. Edwards and John Magee

Or go to STOCKCHARTS.COM and go to chart school.

Me, I need a book, a highlighter, and a notebook.

What I'd like to do or see done here at MM site is a thread on TA. That is, a chart school right on this forum. We could easily identify patterns without leaving the site. I think it would be helpful. We are blessed by having Spike on board and giving us a running commentary on certain stocks. You can learn a lot from just reviewing his thread.