Rhino’s Quick Picks

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If you’re a member of The PPT then you know why airline stocks are on fire. If not, you should be. Please note that I am suggesting that you keeps these stocks on watch, they are not “definite buys.” Nothing in the market PERIOD is definite, not just this market, any market. I’m including short theses for the names I have of interest, then including a link to all the charts at the bottom. No PPT screen-shots tonight.

DAL: has great PPT scores. Look at the chart below.

UAL: If it can get the volume behind it, look for it to test $25. Short interest is only 10%, but if the industry as a whole can get legs, it can too.

JBLU: With the sector on fire, look for this name to get buy volume. If it can hold $5.55, and get some buyer volume behind it, it can easily test the July highs of over $5.80 with its 23.5% short interest.

CPA: Great results within The PPT. Low short interest, but look for it to do the “hundy roll,” if it can break through the channel and chase that trend line. (No Technical).

LUV: Is on a solid uptrend, but if the volume falls out and traders take profits, it’s a short. Stay nimble.

Again, if you are a member of The PPT you would understand why Japanese electronics companies are set to rip.

PC: PPT stats aren’t very good, and I’m not really a technical dude. It does however have some serious volume. Worth a watch. Or, I just might short this. Seriously, if this thing loses legs I’m shorting it.

SNE: Poor PPT stats and low short interest. However, it does have some volume, and it’s looking to break through the 50.

QLD: Will hit $66 by, or in, April 2013.

IYR: Looking to bounce off that 50, then look for $67. If not, look to short with sell off volume, price target $62. Did I mention that homes prices in the SF Bay Area rose 20% YOY in November? Look here.

STX: GREAT PPT results! Seasonality. Low-to-okay volume. Short interest of 13.2%. If it can get some bullish volume as a tailwind, and hold those averages, look for it to try for $31.50. I like this one for some reason.

AAPL: I’ll be adding to my already large AAPL position. “Hey y’all watch this!”

Charts here.

 

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