Thursday, March 11, 2010

BRPT/BSDE/COWL/ELTY/LPKR Are Next: Will These Stocks Continuining Its Way Up???

11/03 BRPT (1320) Buy on circles (1.300-1.340 for wave i-v/1 & 1.430/1.460 for breakout 1.420), risk is on the box, please using trailing stop (stop profit) to protect your position when the price moving higher, tight stop (stop loss discipline) & please notice Uptrend Channel on the charts. Daily candle long bullish & MACD still rising up should limit the potential downside pressure.Disclaimer on.














11/03 BSDE (610) Buy on a the circles (600-620; breakout 740) target 800 (61.8% Fibo), stochastic crossover buy & oversold, risk is on the box (570-550), entry buy once more at 510 for final wave A for heading ahead of B at 800. Notice that BSDE still in a downtrend channel & double bottom at 480, wait for signal breakout.Disclaimer on.













11/03 ELTY (270) Buy on circle (270 & 255) around rising window, after breakout strong resistance at 270 to test new high 285, target 300/360, supported by stochastic was crossing up & bulish, breakout a symmetrical triangle for target 355 soon. Even a few hurdles (candle daily gravestone doji: reversal signal) should limit any accelaration ahead. Risk is on the box (220-235). Buy breakout 310 for 360 then.  Use trailing stop & stop loss. Cautious trend is still bearish, even in wave 3/B intermediate. Disclaimer on.













11/03 LPKR (530) Buy on circle (510 & 530) for mini inverted Head & shoulder, for target channel top at 585 (target H&S), with the neckline just broke a few days ago, maybe it will takes a few weeks to test higher, supported by stochastic was lie at neutral area & downtrend channel, should limit a potential rebound this week. Risk is on the box (470-450). Buy breakout 650 (61.8% Fibo) for target 750, risk below 620. Please using trailing stop when your position is floating profit to protect it & tight stop. LPKR is in corrective wave iii/3 for (C) (higher degree). Disclaimer on.

No comments:

Post a Comment

Kalender Ekonomi & Event


Live Economic Calendar Powered by Forexpros - The Leading Financial Portal