Trading Ideas (weeks/months - in alphabetical order)
Summary
I am often asked for trading ideas with potential large gains and manageable risk, and I will be listing them here as I discover them. I include both the reasons why I consider them, as well as what I consider the risk to the trade.
A proper system for Entry and Exit is advised
Depending on the attractiveness of a specific stock, I may enter part or all of the trade when StochRSI rises above 20 or 50%, or wait until it rises above 50 and 80% as shown by the green arrows. Similarly I will reduce or even get out completely when StochRSI goes below 80 and 50%, or I may wait for a break below 50 and 20% before exiting totally as seen with the red arrows. I watch the longer term chart, the position of the PPO and S/R lines to help in my assessment, but you may find your own comfort levels for entry and exit based on Risk/Reward, StochRSI, PPO and Price/Volume considerations. Using a StochRSI and/or PPO system for entry and exit can help to reduce emotional trading decisions with their pitfalls.
Akeena Solar
Pros:
Cons:
Charts courtesy of StockCharts.com
Charts courtesy of StockCharts.com
Altus Pharmaceuticals
Pros:
Cons:
Charts courtesy of StockCharts.com
Charts courtesy of StockCharts.com
Credence Systems
Pros:
Cons:
Charts courtesy of StockCharts.com
Charts courtesy of StockCharts.com