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Thursday, March 11, 2010 

AC Investor trade Ideas for Friday Mar 12

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The stock is threatening to break through the 200 day moving average which would be a very bullish sign for DRYS. Resistance is $6.26. The stock has been strong over the past days, so watch it closely the next few trading sessions.

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PLUG closed up two pennies on Thursday, which is a positive sign for tomorrow. The stock hit a high of $0.59 for the day, which is resistance for Friday’s follow through move. If the stock can break resistance, we should see a good upside move.

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HEB broke resistance on Thursday. This should be the start of a bigger move, which could occur tomorrow. Resistance is $0.83, which was Thursday’s high of the day. This looks to be a good breakout, so watch the stock very closely over the next few trading sessions.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all Folks. See you tomorrow !!!


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About Me

  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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