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Adding ENER
Posted on 08/22/2006 00:00 AM | Link | Post Comment
My stock of the day is Energy Conversion Devices (ENER). The stock looks like it has bottomed and is breaking back above its overhead 50-day moving average. Money flow has also turned positive.
The stock has had positive news recently, and this has helped the stock put in a bottom. It has been a steep correction, falling roughly -40% from its May highs (the stock topped along with the market in May).
I think the stock looks good, at least for a rally back up to its 200-day.
long ENER
- Will The Streak End At 8?
- Sneak Peak Ahead Of The Open
- The Week Ahead
- A Mostly Flat Open
- Midday Check
Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]
NOTE: Please click on the charts below to enlarge them i [read more]
Millionaire Now! by Larry Nusbaum - Fri Jul 18, 2008 08:23AM
U.S. stock futures rebound on Citigroup results"S&a [read more]
U.S. stock futures rebound on Citigroup results"S&a [read more]
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