Friday, March 19th, 2010

SGR – Using a 70 day exponential avergae to dictate long or shorts a buy signal emerges as the stock gets back above this average. Price target is the 30.00 range. Stops on close below the 70 exp.
http://alphalobotrading.blogspot.com/

 
 

DFT – At resistance level. Wait for a break above the 6.40 level to enter longs. Price target on break will be 8.65. Stops below the uptrend line once long (yellow ascending line).
http://alphalobotrading.blogspot.com/2009/03/dupont-fabros-dft-testing-resistance.html

OZM- showing signs of a break out attempt. The last figure (see blue circle) was that of a bullish flag. Enter longs above 6.00 on the break with a price target of 7.00 for the short term.
http://alphalobotrading.blogspot.com/

MYGN- uptrend line intact (yellow line) and stock bounces of support level. Look for this stock to rally back up towards the highs of 88.00.
http://alphalobotrading.blogspot.com/

GDX – lateral and uptrend support has been broken. Look for a drop down the next support level that is found at 27.00.
http://alphalobotrading.blogspot.com/

EWT- stock up against lateral resistance and is trading above the 50 exp moving average. Wait for the close above 7.40 to enter longs. Price objective is 9.25.
http://alphalobotrading.blogspot.com/

PMCS – Up against lateral resistance. Wait for a break above the 5.75 level to enter longs for a price target of 7.75. Note that the 200 day exp average is at 5.67.
http://alphalobotrading.blogspot.com/

LPHI – 50 day exp crosses under 200 exp which i s a clear negative sign. Stock is below the recent support level and has tested the break. Watch for this stock to continue lower with a price target of 12.00.
http://alphalobotrading.blogspot.com/

LLL – stock breaks under support. Look for this thing to drop to the 51.00 level in no time. Triple sell the triple L.
http://alphalobotrading.blogspot.com/

PPS – stock continues its decline and is now unable to get above the last support break. Look for this stock to drop towards the $5 level as a minimum price target.
http://alphalobotrading.blogspot.com/