Archives for December 2007
DLM: Del Monte Foods
Yum… Canned pineapple.
I have a chart of DLM and basically I think it’s about to pop OR drop. I’m leaning towards the popping side however. This could be an extremely short term trade, but imo, very profitable.
The looks to have formed a nice bowl shaped basing pattern which is coming up [...]
DPDW: Deep Down Inc
I feel Deep Down Inc is looking pretty appealing right now.
There are a few reasons:
Looking at a fibonacci on the chart the price has gone below the 38.2% marker but is now coming back up and hit the 50% marker today. Additionally, during the dip which took this baby past the 38.2% mark volume [...]
SRU.TO: Starfield Resources
Got a chart of Starfield Resources here. This one is a penny stock but I think it looks pretty attractive.
The $1.30 level played a strong role as a support/resistance level during the past 7 months and just recently broke through it with medium volume.
RSI is shooting up and just passed through 50 which is a [...]
GS: Goldman Sachs
Good ol Goldman Sachs on this update.
First off it looks like there is a symmetrical triangle that formed beginning in early November. The widest point measures around 55 points and which *should* mean there is at least 55 points of upside once it breaks out.
The symmetrical tringle is known to be a continuation [...]
PSUN: Pacific Sunwear of California
We are looking at good old pac-sun on this one.
Looks like there is some resistance at about $17.10. The next level of resistance is around the 18.00 mark.
RSI is on it’s way up and recently crossed the 50 mark.
MACD is also in an uptrend and looks strong.
Buy when the price crosses $17.10, watch [...]