Hot Stock Pick Updates – SNHY and JRCC
Source: http://feeds.feedburner.com/~r/RecordPriceBreakoutcom/~3/403144477/Posted on Thursday, September 25th, 2008 | In Market Commentary
Contributed by: Steve Warshaw (http://www.recordpricebreakout.com) -
Update #1 – JRCC
JRCC has been a great short pick. It is in a downard channel and showing no divergence what so ever. This pick has gained 20% in two days, and we’re already adjust trailing stops! The target still about 3 dollars or another 10%.
Update #2 – SNHY
SNHY was another short pick. I actually decided to close this pick today because the MACD is showing signs of flattening out, and the stock is due for a bounce. I’ll watch the techincals to see if we should get back in after the bounce.
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 About Steve Warshaw (http://www.recordpricebreakout.com)
RecordPriceBreakout was founded by Steve Warshaw in July, 2008. Steve is a full time software engineer and aspiring professional technical analyst. Steve has contributed significantly to the development of several trading software and technical analysis programs including Track and Trade High Finance by Gecko Software. |
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