SCON did not do as I expected. On the contrary it looks like it is moving back down to test the apex of the triangle formation it broke out of. SCON volume today on the down move was not so bad and earnings (or lack of earnings) will be out tomorrow. It is still trading … Read more
As bullish as I am on SCON, it could end up still being a partial victim of a broad market melt down this week. SCON may do a double dip retest of recent break out area and would likely delay any near term bullish move into earnings. The market really looks at risk of a … Read more
Technical glitches have prevented me from posting this in a timely enough manner, but here it is. The stock I am selecting as a ‘Best of the Best’ setup is SCON Superconductor Technologies. They are set to release earnings on http://biz.yahoo.com/cc/9/120889.html (March 10, 2011 at 11AM Eastern Time). My thinking is that SCON could be … Read more
pUnfortunately I was not able to set up the BestOnlineTrades site quickly enough this weekend for a special access page where I reveal what I consider to be a superb setup./p pInstead what I will do is post something on the regular blog postings tomorrow morning March 7 before the market open./p pThere is an … Read more
pI have found what I believe to be an outstanding stock setup on a short term basis and I am going to be revealing details on how to access a special page on BestOnlineTrades tomorrow night (3/6/2011) for 6 days./p pThis small cap stock was found through a Metastock Volume scan I did early last … Read more
I am going to start watching EEE Evergreen Energy Inc next week and thereafter to see if it ‘has the right stuff’ for a follow on bullish move left in it. The stock recently has a huge move up on a supposed new business initiative of “K Fuel” and a possible joint venture project with … Read more
Both NPTN and JDSU look like good momentum trade candidates. NPTN is an recent IPO that seems to be building an ascending triangle. NeoPhotonics Corporation is a designer and manufacturer of photonic integrated circuit (PIC)-based modules and subsystems for bandwidth-intensive, high-speed communications networks. JDS Uniphase Corporation (JDSU) is a provider of communications test and measurement … Read more
FRZ Reddy Ice Holdings, Inc is possibly setting up for a breakout from a cup and handle formation. This company is in the portable ice business and it would seem odd that such a business could thrive during 0 degree Fahrenheit temperatures the other day. I suspect a good portion of their business is located … Read more
I talked about long bottoming tail candlestick reversals yesterday and I highlighted the stock ALSK as one that came up in my metastock scan. I have been researching the topic and am trying to get a feel for how these reversals take hold. It appears that ALSK should be ready for topside action right near … Read more
Uranium Resources Inc URRE is very close to making a decision on whether or not to hold support at 2.65 in the coming days, perhaps as early as tomorrow. Today we see that URRE declines for the fourth straight day and is closing right near the low of the day’s range, but not significantly violating … Read more