Monday, April 27, 2009

Pikers Picks

NUS-Broke the up trendline. Stock is above 80 in the Stoch indicating overbought. MACD almost negative and crossing. Resistance above 14. Stop should be set above 14.



CASY- Stock is up against resistance and overhead supply. Big bearish divergence on the MACD as well. Short when trendline is broken.


JASO- Stock is currently trading at the bottom of it wedge and is oversold. STOCH crossed and is giving a buy signal. Stock is also sitting at the support of the 50/20 EMA's. If the 3.06 50EMA fails though stock should go to 2.67.






 GLW- This was one of my picks last week.  With earnings out today, it looks like it is going to break out of the Bull Flag.