Monday, April 13, 2009
Hang on a minute
Somebody saw my last post and wanted to know what stocks were good to buy, so I got to looking.
But I couldn't find exactly what I was looking for, timing-wise. I noticed that most all the leading stocks have run up a ways from their breakout points, which means that we're due for a correction. Things are still looking very bullish, but ironically there will still be a few down days here and there.
Notwithstanding some bottomed-out penny stocks that look ready to move, one stock that looks very promising is LANC. It's currently forming a base on top of a base, with a relatively tight trading zone. It has already been consolidating, and I think it will resume it's upward climb very soon.
Other leaders like AZO are due for some consolidation.
I recommend the Gigascanner for managing stocks. You can save your favorite symbols in a list and cycle through them, waiting for the perfect moment to jump.
But I couldn't find exactly what I was looking for, timing-wise. I noticed that most all the leading stocks have run up a ways from their breakout points, which means that we're due for a correction. Things are still looking very bullish, but ironically there will still be a few down days here and there.
Notwithstanding some bottomed-out penny stocks that look ready to move, one stock that looks very promising is LANC. It's currently forming a base on top of a base, with a relatively tight trading zone. It has already been consolidating, and I think it will resume it's upward climb very soon.
Other leaders like AZO are due for some consolidation.
I recommend the Gigascanner for managing stocks. You can save your favorite symbols in a list and cycle through them, waiting for the perfect moment to jump.
// posted by gigascanner @ 6:53 AM 
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