Nice gain on HSAC Friday. INPH looks nice to me. The only thing I see, and this is very picky on my part, is the stochastics are giving an ever so slight bearish signal. On the 12 day stochastic, the last low on 12/31 was a fraction higher than Fridays close, but stochastics only went to 20, while now they are at 19. Of course, it's so minute, and it's not the only factor, but I figured it may be worth mentioning anyway. Otherwise, the chart does look cool.
Have you looked at LSON? Pretty oversold (IMO), and volume and price picked up a bit on Friday.
I should have everything in order and be able to trade again by the end of the week. With regards to DELL, it looks ok for a short term gain, but I have heard quite a few people talking about it's price starting to diminish soon, so it could be a possible whipsaw situation. Trying my best to stay away from those! I dunno, maybe I could take a small position.
Cheers P,
Mike |
