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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

RC Brings Gifts of Uranium & Palladium

RaginCajun Wed Jun 3, 2009 2:00am EST 4 Comments

URRE caught fire today and closed above an important level. I may give this a shot with a mental stop right around $1.65– this stock can Run here:

I will also look to buy PAL on strength– beautiful flag:

Note: I will also be watching to see how solar preforms with TAN closing above its 200 day MA. My favorites here are SPWRA & GU (biofuel)

Note II: The China/Hummer news could spark movement on AXL, a position I took today. The stock is sitting right below the 200 day moving average. AXL is a Tier I supplier to the automotive industry.

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4 comments

  1. charlie
    charlie
    June 3, 2009 at 2:45 am

    !

    Quit stealin ma thunder.

    Note pikers: More critical details on URRE can be found in the PPT

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  2. RaginCajun
    RaginCajun
    June 3, 2009 at 3:12 am

    indeed, this is a ppt fav.

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  3. Anonymous
    June 3, 2009 at 8:40 am

    Urre is at 1.63 now in premkt … Great time to buy or too much weakness?

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  4. Kman
    Kman
    June 3, 2009 at 10:05 am

    Still holding BEE, along w/ AXL?

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