Cold Minnesota

Saturday, February 10, 2007

My whirlwind tour of USA continues and I'm blogging from freezing Minnesota. Not my type of weather and looking forward to flying out on Sunday to Denver.

A lot of the ASX opportunities finished higher and Friday with IDL's stop moving higher.

Industrea - IDL
IDL reached an intra-day high of $0.35 closing at $0.345. Our stop has moved up from $0.31 to $0.325 based on the count back line.

Read more...

Chart Watch 2007-02-08

Thursday, February 8, 2007

Everest Babcock and Brown Alternative (EBI)



Good spread between the long and short term group. Count back line has not been broken since uptrend started. Volume may be a bit low, and we have a tight stop loss defined. We'll add this as a trend opportunity, but we could have decided to watch the trading action over the next couple of days and I think we have a tight enough stop.
Last Close $4.75, Stop Loss $4.68.

Regional Express Holdings (REX)



Looks like a potential swing trade based on the Traders Action Zone.

Jubilee Mines (JBM)



Looks like a potential swing trade based on the Traders Action Zone. JBM has higher volume compared to other swing trades I have posted. I'm still in the process of testing this strategy for the ASX.

Read more...

Chart Watch 2007-02-04

Sunday, February 4, 2007

Bluglass Limited (BLG)



Has had a great run in January, moving up from a low of $0.39 to a high of $0.61. Has just finished its first pull back and looks to be returning to its uptrend.
Last Close $0.58 , Stop Loss $0.55

Conquest Miming Limited (CQT)



Good separation of the short and long term moving averages, looks to have swung back to $0.79 and returning to its trend.
Last Close $0.88, Stop Loss $0.79

Read more...

About This Blog

Blog Rankings

Finance Blogs - Blog Rankings

Our Blogger Templates

  © Free Blogger Templates Columnus by Ourblogtemplates.com 2008

Back to TOP