Wednesday, November 08, 2006
After the close 11-08-2006...
A couple candidates, but very difficult to read charts (and entry points). See if you can find good entry levels.
CE: Good looking fundi's, okay divy, slightly high institutional ownership. Chart hard to read, look for a entry around the 50dma and support at $18.75 with a target of $22.75 (all-time high).
CHU: Tricky foreign stock, but would provide good diversification, good fundi's, okay div, very low inst. ownership, minimial analyst coverage. Tricky, gappy chart, look for entry $10.50 with a target of $13.30, 3yr high.
HZO and BDC are looking good. The next question I must consider is whether to hold out for my original target or take some profits at pre-determined spots. I may really consider taking proftis on 1/3 or 1/2 the position at +10% in conjuction with moving the stoploss to break even. A nice 10% gain from 2 or 3 stocks a quarter would really build an account balance and would also keep from turning profits to losses (the worst feeling in the world).
CE: Good looking fundi's, okay divy, slightly high institutional ownership. Chart hard to read, look for a entry around the 50dma and support at $18.75 with a target of $22.75 (all-time high).
CHU: Tricky foreign stock, but would provide good diversification, good fundi's, okay div, very low inst. ownership, minimial analyst coverage. Tricky, gappy chart, look for entry $10.50 with a target of $13.30, 3yr high.
HZO and BDC are looking good. The next question I must consider is whether to hold out for my original target or take some profits at pre-determined spots. I may really consider taking proftis on 1/3 or 1/2 the position at +10% in conjuction with moving the stoploss to break even. A nice 10% gain from 2 or 3 stocks a quarter would really build an account balance and would also keep from turning profits to losses (the worst feeling in the world).
# posted by Masterjaz Out @ 5:43 PM 
