Saturday, January 7, 2012

Cheap Buys for 2012: $LCC, $NBR, $DUK, $ZNGA

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.

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