This stock could be a better buy than its more expensive peers.
Monday, January 23, 2012
Wednesday, January 18, 2012
The one area I would consider buying is financials. The $XLF is at resistance but on the weekly chart there is a bullish cup and handle forming. Any pull back in financials is a buy in my opinion. $BAC and $C are strong buys right now.
Tuesday, January 17, 2012
Major Indicies all right around resistance. Starting to look unsustainable at these levels. Bearish wedge patterns forming could be an indication of a correction. I would welcome a pullback at this point and will be a buyer on any market dips.
I'm holding the positions I currently have. I'm not opening any new positions. I'm just waiting for another buying opportunity. My near term outlook is bullish.
Saturday, January 14, 2012
Saturday, January 7, 2012
|2 trading ranges. Looking for a breakout from the lower one.|
|Daily chart looks like the stock has bottomed and getting a nice bounce.|
|Potential longer term bullish outlook.|
|Great uptrend, buy on the dips, even if it goes down more, I'm a buyer.|
|This gaming company is profitable. Might be a good opportunity at a low price.|
50ma acting as support will see if this becomes a nice uptrend.