Hi everyone, with previously mentioned SNDA well on its way to the first target of $ 22.50 it is time for another stockpick or two.
TSN broke out of a 9 month triangle a week ago,checked the breakout and turned up yesterday on big volume,i see a bit of resistance at $17.30 . after that i have atarget of $ 20.00,21.00.
QLGC, after breaking out of a two year+ triangle it is backing of a bit (flag?) and offers alow risk entry with chartsupport and 50 day MA just below. STOP at $20.74. TARGET $32.00 , (might take awhile)
All standard warnings apply ,Good luck,
Pisces.
TSN
Started by
pisces
, Dec 13 2006 08:43 AM
1 reply to this topic
#2
pisces
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- Traders-Talk User
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Posted 13 December 2006 - 11:04 AM
Hi everyone, with previously mentioned SNDA well on its way to the first target of $ 22.50 it is time for another stockpick or two.
TSN broke out of a 9 month triangle a week ago,checked the breakout and turned up yesterday on big volume,i see a bit of resistance at $17.30 . after that i have atarget of $ 20.00,21.00.
QLGC, after breaking out of a two year+ triangle it is backing of a bit (flag?) and offers alow risk entry with chartsupport and 50 day MA just below. STOP at $20.74. TARGET $32.00 , (might take awhile)
All standard warnings apply ,Good luck,
Pisces.
just saw that jp morgan downgraded TSN this morning,sofar the chart is not impacted,very low volume this morning , stock is cheaper to buy and have a STOPat$ 15.75
pisces
