Hot Pick Of The Day

[skiracer]

New-Born,
Throw a couple of darts and post them here. I'll take care of the rest for you while your doing whatever you have to do. Couldn't make it any easier. Think about how nice it would feel to sit on top of that leader board with your name up there in capital letters and lights.

[New-born baby]

New-Born,
Throw a couple of darts and post them here. I'll take care of the rest for you while your doing whatever you have to do. Couldn't make it any easier. Think about how nice it would feel to sit on top of that leader board with your name up there in capital letters and lights.

Alright. But please forget the capitol letters and lights. I am trying to be humble. Just throw money . . . .

My losing picks for the week:

FRO

PTEN

[skiracer]

New -Born,
My most humble and gracious thank you. Best of luck and would love to see you win.
Thanks for going along with all of this.

Ninner,
Are you listening?

[B.J]

Do you realize Ninner that you have just picked a stock with a $32.50 target?
HHHMMMMMMMM??????

Newborn, how did you derive the 32.50 target? Does it represent 20% over a resistance break?

[ninner]

hey there skiracer ill join this week ...im not sure where do to post.....so i will post here.....my picks are Deck and dgin

cheers

hey ski buddy....i gave my picks for the week....my sleeper pick DECK and one i am hoping will have a good week DGIN!!!

cheers

[ninner]

hey newborn ...no i didnt realize that however, after looking at alot of charts...i noticed the drilling group as a whole had consolidated so i thought i would look at some charts....and pten did look appealing because of its consolidation pattern and the length in general....after doing more digging...pten fundamentally is a good company and with ibd giving it a A SMR rating...i figured that this may be a good pick. Also, with oil probably sticking around 48-50 range...some of the big oil players will be looking to drill for more oil which will mean more business for that group!! HAHAHA i guess im batting like 1-10 right near the mendoza line....i need to pick up the pace!!

cheers

thanks for the explanation of that pattern i love learning new things on the technical side !!! Very interesting!!

Rectangle patterns:



More rare these days, but powerful patterns.

Do you realize Ninner that you have just picked a stock with a $32.50 target?
HHHMMMMMMMM??????

[New-born baby]

Mario Mendoza, Superstar

hey! HAHAHA i guess im batting like 1-10 right near the mendoza line....i need to pick up the pace!

Don't flatter yourself, Ninner. Mendoza hit .200.

How about posting the rest that IBD has to say about PTEN. Okay, they give it an A rating. But how about others in its segment? Give the top five in that segment. And what sector is hottest of the 197 industry groups? List the top five sectors, and the top five stocks within those sectors. That might help the batting average. As it is now, you are fit only to play starting shortstop for the Chicago Cubs.

[Runner]

Ninner,

Okay, you hit the ball this time!



Now what does this chart mean? Look at my next message.

PTEN is 1 of 4 stocks returned from my EMA scan. I see a play above current base or wait for P/B retest of line

[Runner]

Newborn, what pattern is has PTEN moved out from? Notice the ideal entry point would have a trader happy!!

[Runner]

These are the only returns for my EMA scan

ETR HLEX OCCM PTEN STGS

[New-born baby]

Ascending Triangle

Newborn, what pattern is has PTEN moved out from? Notice the ideal entry point would have a trader happy!!

All readers note: the pattern is the most beautiful "Ascending Triangle." It is very bullish.

[Runner]

last chart intra perspective

[New-born baby]

ACU: Cup with handle pick for Tuesday

Readers:

Here's a cup with handle chart for you.

I like the prospects of this chart. Excellent volume dry up. Nice bull flag pennant formed the last three days. You have to say it is one bullish
chart. 22 accumulation days, 7 distribution days in last 29. NINNER--watch this one.

Current support is $18. Just stand back and watch it. If it breaks out, jump on the band wagon for the ride.

[New-born baby]

FDG Circus

Here's FDG. Great company, shakey chart.


I haven't the guts to buy this one. Has a nice divy coming on June 29. Still, the choppy chart with descending triangle spells trouble. And I am also concerning that it is approaching limits that shout "sell me now!"

[ninner]

i am looking to get into sgtl.....this sucker im thinking is pretty close to teh bottom...maybe a few points left to go and then there is huuuge upside potential ......im thinking im going to test it on tuesday with a small buy and see how it does...!!