STOCK PICKS FOR 04/13/09
Friday, April 10, 2009
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I will try to update frequently as the week progresses so that picks can be updated accordingly. I'm currently vested in ADPN & BEHL, which I wish I wasn't. They looked good at the time, and I wanted to get my free cash back in. Hasty decisions are usually the costliest. Hopefully they will pull out of the stump, and be in positive territory. I lost about 15% this week. Hope to grow my account by 50% by week's end. Also...Very Important...As earnings news will be coming out this week and next, bad news can signal a serious reverse in market conditions. Be careful and take profits when you have them. Don't get greedy.
RELV - Pincher pattern forming. Could be a few days to watch. ADX is at 55 and PPO is on a downward cycle. RSI still has some room to grow, as it's only at 10. Volume is fairly low, keep watch.
CDR - It's been on my list for 3 weeks now, and I still think it has room to grow. I expect to see 4.00 by the end of the week.
SHS - Same as above. Expect to hit 5.00 by the end of the week.
BWNR - If I were to pick a stock today, this would be the one. Setting up perfectly.
TSFG - I expect this one to hit 1.50-2.00 before the end of the week. Chart looks good.
INCY - Jumped on Friday, but not much room to grow. Monday - Tuesday will be the highlight of this one. Expect a run to 3.25-3.50 then a pull back.
URRE - Has limited growth, but expect to hit .75-1.00 range. Monday or Tuesday.
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