Archives for April 2008
MCD: McDonalds Corporation
“Bah Da Dat Dah Daaaah I’m Loving It!” Yep, McDonalds and i think MCD is looking amazing right here.
The chart above (and linked) is a 2 year 6 month weekly chart of McDonald’s. McDonald’s is a well diversified multinational with an efficient business model and awesome breakfast menu.
THIS is how I want an [...]
STLD: Steel Dynamics, INC
STLD is showing a beautiful upward trending price channel with pretty “predicable” tags on the 20 day moving average.
Today was a down day and it looks like it may be a buying opportunity as the price just hit the channel’s bottom support line.
Another positive is that the dips in price have been led by fairly [...]
RMDX: Remote Mdx, Inc
RMDX is a dog. Look at that crash!
Regardless, it looks like RMDX is trying to get up from that beat down and with three touches @ the $1.75 mark it could bust through and move higher.
If this baby breaks above $1.75 on good volume, i would buy and set a SUPER tight trailing stop loss. [...]
DNDN: Dendreon Corp Again
DNDN is looking like it might be setup for a break out. The RSI has been trending up and it IS a little high but that might be OK at this point. MACD looks alright as well.
I think buy this if it crosses above $5.89 and set a tight stop trailing stop loss. [...]