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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

PQ Setting Up

RaginCajun Mon Sep 28, 2009 10:47am EST 7 Comments

Back from my mini vacation and back to work. It looks like I came back just in time along with the rest of the bulls as the market catches fire today. One stock high on my radar is PetroQuest Energy, Inc. [[PQ]] . I like it above $5.95:

pq1

I have a bunch of catching up to do, I’ll be back in a minute.

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7 comments

  1. jobo
    jobo
    September 28, 2009 at 12:34 pm

    Hey RC,
    Are you short MGM? Or is this more of a long play? Or neither? Thanks for your help!

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  2. RC
    RC
    September 28, 2009 at 12:39 pm

    PQ: BTFO

    MGM: neither at the moment

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  3. dizzles
    dizzles
    September 28, 2009 at 12:51 pm

    RC, your picks are out of control. BTFO everytime. Do you outline how you find these picks in PPT, or do you just go through charts manually looking for these setups?

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  4. TraderKeith
    TraderKeith
    September 28, 2009 at 2:02 pm

    NPBC looks good here. Broke resistance recently and just bouncing back off 5.95 level

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  5. raju
    raju
    September 28, 2009 at 4:05 pm

    Hi RC ,

    Thanks for great charts .

    Are you still bullish on YRCW ?? as it pulled back to 4.30 level .
    I am not sure about direction

    thanks

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