Blog Archives

RPRX Projects to a Possible 13.64 Eventual Target

RPRX Repros Therapeutics Inc. is a highly volatile and speculative biotech stock that currently has a projection of 13.64 based on the 38.2% Fibo retracement it did from the rally that began in December 2010.

RPRX had a nice move from the bottom of its narrow trading range today and has to make a key decision soon on whether it wants to bust out north of the trading range or struggle again and fall back inside the narrow trading range.

Read more ›

Posted in Biotech Stocks, Stock Picks, Stock Setups
Tags:

Special Stock Alert for March 7 2011

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 week and I have been watching it closely./p pIt is a small cap stock trading under 5 dollars with more than adequate liquidity and has recently performed an outstanding low risk setup with down side risk limited to 6.86%,

Read more ›

Posted in Stock Picks, Stock Setups
Tags:

Pounding my Fists on the Table for URRE Uranium Resources Inc

I have studied all of the uranium mining stock price charts for a couple weeks now and URRE Uranium Resources looks like the cleanest chart to me and the most timely in terms of risk reward.  I am adamantly bullish on URRE right now and long since yesterday.  It is a beautiful consolidation pattern. 

Read more ›

Posted in Stock Picks
Tags:

Very Positive Trading Action in Flotek Industries Inc FTK

Technical analysts like to see clean price action with confirmed volume breakouts and dramatic volume shrinkage on price declines.  They also like to see clean reluctant retests and clear tradable voids above.

This is what they like to see, but often it can be very hard to spot such perfection. 

Read more ›

Posted in Stock Picks
Tags:

Long AGM Federal Agricultural Mortgage Corp

AGM Federal Agricultural Mortgage Corp. has quite a nice trading structure and today I went long AGM at 16.83.  AGM closed nicely into and above a key trading range as shown in the chart below and I think it has a good chance at moving to the top of the tradeable void between 17 and 23.82 

Read more ›

Posted in Stock Picks
Tags:

Went Long AGM Federal Agricultural Mortgage Corp

I just went long AGM Federal Agricultural Mortgage Corp. at 15.46.  I like the longer term chart setup, the recent breakout on confirmed high volume above the previous swing high and the recent tape action.

Generally speaking I think there is a lot of promise in the agriculture sector going forward and feel that AGM is a good indirect way to play this sector for now.

Read more ›

Posted in Stock Picks
Tags:

Timely Alert on VKNG Viking Systems Inc

I have written about VKNG Viking Systems Inc several times already and indicated that I would accumulate the stock after the gap up that occurred on 9/8/2010.   At that time I was unsure if VKNG would fill the large opening gap or not.  So far it has not filled the gap and has instead shown price strength. 

Read more ›

Posted in Stock Picks
Tags:

New Long Term Buy Signal on DryShips Inc. DRYS

I am issuing a new long term buy signal on DRYS DryShips Inc. as of this week.  I have been keeping DRYS on my radar for a long time.  I only look at it occasionally and most of the time nothing jumps out at me.  But today after reviewing the longer term charts I have a new opinion. 

Read more ›

Posted in Stock Picks
Tags:

Viking Systems Inc VKNG Breaks Out 60 Percent Today

I first mentioned Viking Systems Inc VKNG at BestOnlineTrades way back on August 9th and 11th, 2010 (seems like eons ago 🙂 ).   At that time this penny stock which trades on the OTC BB was trading in the .30 cent range.  Today Viking Systems Inc came out with news and the stock closed near the highs on a huge surge in volume. 

Read more ›

Posted in Biotech Stocks, Stock Picks
Tags:

Went Long ARM Holdings plc August 25 Near the Close

I went long ARM Holdings plc August 25 near the close for a momentum trade.  This stock has what looks like superhuman strength given the lousy bear market trend of the indices in recent months.  ARMH is a monster.

I have a protective stop just under today’s low at 15.24 and think this could get another thrust higher given its current strong momentum. 

Read more ›

Posted in Semiconductor Stocks, Stock Picks, Stock Setups
Tags:

s2Member®