The trading diary of Paul J. Singh. I trade full-time and empower traders by making the complex simple. I can be contacted at SinghJD1@aol.com
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Monday, May 14, 2007
Watchlist
Here are a few stocks added to the watchlist: PRGX, NTGR, GMRK, JADE, ZEUS and ZOLT. A common theme with all six of these stocks is that they are all under accumulation, as evidenced by positive trendlines, increased volume and strong obv.
Like your blog a lot. PRGX and JADE are also on my watchlist. How would you play PRGX? pullback to $15.50, buy as it passes recent resistence at 16.87? or just a continuation buy? How about JADE?
looking at the action today for JADE, would you still consider it a buy when it gain a bit strength? that huge bear flag scares me, and i'm just wondering what criteria you use to deem a stock as not good for watchlist. thanks
Like your blog a lot. PRGX and JADE are also on my watchlist. How would you play PRGX? pullback to $15.50, buy as it passes recent resistence at 16.87? or just a continuation buy?
ReplyDeleteHow about JADE?
Both are good ways to play it. I'm looking for a pullback to $15.50.
ReplyDeleteI'm looking for a pullback to $12 for JADE.
normally how do you decide whether to buy breakouts, or buy on pullback? i see most of your plays are pullback.
ReplyDeletelooking at the action today for JADE, would you still consider it a buy when it gain a bit strength? that huge bear flag scares me, and i'm just wondering what criteria you use to deem a stock as not good for watchlist. thanks
ReplyDeleteWhat bear flag?
ReplyDeletecriteria: breakout over resistance on strong volume. Good accumulation.
ReplyDelete