From The Technical Dept..

Discussion in 'Stocks' started by stonedinvestor, Dec 20, 2006.

  1. Heres my pick for thursday CLWT. Massive volume RS turned up but not at 80 where it corrects, MACD in a bullish stance. Got as high as $5.45 today after taking out a round number ($5) earlier in the day. Beaten back to $5.14. Coiled Spring? Or Turnover candidate?
    I say coiled spring massive 2 year breakout. Putting $10K to work here for a quick trip to $6 by friday.
  2. Yikes folks we called that one! Stock moves around difficult to catch absolute tops and bottoms but that was the easiest 30 cents you'll ever see. Now I've played this pretty jiggy so far I let go initial positions from early this week @$4.85 & $5.15 up at $5.69 area and booked some R&R money. I still have my morning buy @ $5.40 riding and just to make things interesting I've jammed up the system with buy orders @ $5.45 if it wants to drift my way. (don't tell my wife that money is from her IRA!) ~ stoney