Take a look at KeyCorp [[KEY]] . This chart offers a great risk-reward setup trading right above the 200MA. Buy here with a stop right below the 200 day moving average @ 6.58:
Comments »I Want Oil
Oil is on fire today. Here are a few charts setting up:
EOG Resources, Inc. [[EOG]] threatening to break resistance
PetroQuest Energy, Inc. [[PQ]] , still in ths name and looks great as long as it satys above $6:
Nabors Industries Ltd. [[NBR]] is looking to breakout to a new 9mo high:
ION Geophysical Corporation [[IO]] This one can get moving above $3.75
Comments »FMCN: Setting up
Lithium-based battery cells = Bull Market
These stocks are absolutely on fire. Take a strong look at this new IPO [[AONE]] . This is a name that can catch fire and needs to be monitored on a daily basis:
I noted in The PPT this morning that China BAK Battery Inc. [[CBAK]] is a name that just feels like momo, I’m looking for another move up to $5.25:
Don’t forget about Fly’s favorite, Sociedad Quimica y Minera (ADR) [[SQM]]
Also, Fuel-cell player [[HOKU]] , anounced good news today and ripped afterhours. Keep an eye on these clean energy plays, I can sense the Momo.
Comments »SAY YHOO DYNamite
I like Satyam Computer (ADR) [[SAY]] above its recent high @ 6.93:
Yahoo! Inc. [[YHOO]] looks about ready to break out above $17.80:
I like Dynegy Inc. [[DYN]] here above $2.50:
Comments »Still Watching Financials
Citigroup Inc. [[C]] Closed strong today and was active in after hours, the stockĀ is now above all of its short term moving averages and looks like it may head higher. I bought a little Citigroup Inc. [[C]] last week and so did a few gentlemen of The PPT.
Another one I’m looking to buy is Hartford Financial Services [[HIG]] , I like it with a break above $28.70
Ambac Financial Group, Inc. [[ABK]] also looks great here, take a look at the 30 day chart. The stocks is just about ready to breakout of this triangle pattern:
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