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Technical Analysis, Momentum Trading — iBankCoin

How ’bout dem Semis

by RaginCajun on May 14th, 2008 at 2:25 pm

(SNDK: 5.32 0.00%), (BRCM: 13.64 0.00%), (NVDA: 5.90 0.00%) all look good. (AMD: 1.91 0.00%) hit some major resistance around 7.41, I will add to my position above that level.

Not much going on over on this end, I’m hesitant to buy anything up here. How bout that (GU: 1.81 0.00%)?

Note: (TBSI: 3.62 0.00%) looks like it’s going straight to $70

8 Responses to “How ’bout dem Semis”

  1. Stockfan Says:

    Hey Ragin,

    …..

    Stockfan Says:

    Quick question - how do you decide stops and targets for your positions ?

    Thanks !

    May 14th, 2008 at 8:57

  2. Cajun Says:

    Stockfan,

    I don’t really have a method for stops and target, I trade what i see given the chart & market conditions.

  3. The Fly Says:

    MU

  4. Stockfan Says:

    thx for the response

  5. Stock Picks and Discussion at iBankCoin.com » Blog Archive » Woo-Woo Rally Says:

    [...] noted yesterday ALTR ONNN and some semis were doing well, and that was reiterated by the Cajun and his magical, money-making screen.  It should come as no surprise to you that me [...]

  6. Richard Says:

    Cajun,

    I’m holding on NVDA for dear life…

  7. hattery Says:

    :) tbsi…
    Jeeze it could be nuts if tbsi and drys and EXM break new highs on this momentum…
    I didn’t know you could get bases that big… Drys from 140 to 55 to 140 to 255 to 310.

  8. Hattery Says:

    By the way, DSX beat estimates to the upside, which should be very good for them, as they missed last Q.
    TK on the other hand big disapointment

    EXM, DRYS, and TBSI are still the top 3 imo

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