*** 1 STOCK - 1 WEEK *** Do I get to pick 2?
I don't think Troy officially put the 2 pick rule (for winners of previous week. My suggestion was for 10%+ winners but it does not matter to me) to the rule package but I remember him mentioning it is in effect verbally (for the winner). In that regard, I have 2 choices. If I am wrong, please disregard the second choice. Both for Monday at the open. Hope they don't gap up. Here it goes:
1. AXNT - Beautiful consolidation pattern. It is a symmetical triangle with shrinking volume. At 28-1/8. I think it is ready to resume its up trend and head to 30+. I think a period of rotation among internet stocks may help the cause of this security play.
2. NAVR - New 52 week hi. This pup is in the red hot internet music sector. Hype? Maybe but they formed a new venture Friday. Did not have time to read details. Huge volume during the last 5 days. Going in for the momentum. At 5-1/2. If this fire turns to blaze watch it.
This week it was quite hard to make choices. The field is full. Other stocks with promising chart patterns are:
OMKT, ORCTF, RTRK, ATHM, HYBR, NTKI, CYLK, JDEC, LARS, KEG.
Good luck to you all. |
