Two days back, there was a nice REVERSE (Buy) signal in stocks and indexes. Today many of them came close to touch those previous bottoms but then successfully (and very powerfully) reversed the trend. Though no new bottom was created today, I take this as a powerful confirmation of the end of the bear market of last few days.
Here is the chart of DIA. You should be able to see a powerful reversal on it.
It is time to go long with stoploss at today's low prices.
I flirt with stocks in my trading! I am not here for any serious relationship! I just look at the prices #ProfitFromPrices. I have built some filters on various price comparisons. I check the selected stocks on Tradingview charts. Then I flirt for a few days if some stock looks attractive, tempting (should I say sexy?) Who cares about the company name, news or fundamentals? This is flirting, not a relationship ;) Trading activity: https://goo.gl/ne13pQ
Showing posts with label trading tip. Show all posts
Showing posts with label trading tip. Show all posts
Friday, August 27, 2010
Tuesday, October 2, 2007
PEIX- Pacific Ethanol- Do you think ethanol stocks are bottoming?
PEIX- Pacific Ethanol- Do you think ethanol stocks are bottoming?
Unusally high volume over the previous few days. PEIX stock also had a nice jump a few days ago and is now trading back to 9$.
IMO this makes a good trade for traders with a stoploss at the recent Low price.
Investors can also add this stock on their radar.
Keep an eye on PEIX- Pacific Ethanol stock as a potential reversal candidate around current 8-9 dollars stock price.

Unusally high volume over the previous few days. PEIX stock also had a nice jump a few days ago and is now trading back to 9$.
IMO this makes a good trade for traders with a stoploss at the recent Low price.
Investors can also add this stock on their radar.
Keep an eye on PEIX- Pacific Ethanol stock as a potential reversal candidate around current 8-9 dollars stock price.

USBE US BIoenergy Corp- Is it bottoming out? Is it a good buy?
USBE US BIoenergy Corp- a bio energy stock- is USBE stock a good buy?
The volume is going up. Today a reverse signal is in the making.
This is a emerging industry with fortunes tied to commodities- corn prices and oil prices. Corn prices are very high and maybe this is the reason why USBE (and PEIX etc) are making new lows.
Put this stock on your watchlist. I am buying a few to keep it on my radar.

The volume is going up. Today a reverse signal is in the making.
This is a emerging industry with fortunes tied to commodities- corn prices and oil prices. Corn prices are very high and maybe this is the reason why USBE (and PEIX etc) are making new lows.
Put this stock on your watchlist. I am buying a few to keep it on my radar.

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