Good morning Saleem.I also opened a position in MCRL. What are your thoughts on LULU before earnings Thurs. Thanks.Victor
Hi Victor,Based on history..LULU comes near 50DMA before each ER...some analyst has a tendency to downgrade LULU before ER...which brings the price down & near 50 DMA.....Currently RSI is 69.30..IF you can get near 50+ RSI you should be OK.I expect LULU to beat & guide above consensus.MCRL is duper strong $$$$Good luck with LULU.Saleem
Hi Saleem, Any thoughts on ITRI? I see its RSI is 28. Thanks Charlie
Hi Charlie,I have never followed ITRI.Thus unable to give any analysis.RSI is only 1 part of the story..fundamentals must be weighed against RSI.Saleem
Good Morning to Salleem and allI thank you for the alert on AUY - I sold too.I got some MACY and MO. I got some WIN-see the storyhttp://community.nasdaq.com/News/2010-11/the-safest-dividend-in-the-sp.aspx?storyid=45752&source=TheMotleyFoolStill looking for a buy best to all
Hi Madmax,AUY was much stronger than what i thought,its volume was HUGE???BUT..profit is a profit in few days.M is a very strong turnaround story.My only suggestion for this market..focus on strong growth stocks NOT dividend growth story.Good luck with all your pick.Saleem
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6 comments:
Good morning Saleem.
I also opened a position in MCRL. What are your thoughts on LULU before earnings Thurs. Thanks.
Victor
Hi Victor,
Based on history..LULU comes near 50DMA before each ER...some analyst has a tendency to downgrade LULU before ER...which brings the price down & near 50 DMA.....
Currently RSI is 69.30..IF you can get near 50+ RSI you should be OK.
I expect LULU to beat & guide above consensus.
MCRL is duper strong $$$$
Good luck with LULU.
Saleem
Hi Saleem, Any thoughts on ITRI? I see its RSI is 28. Thanks Charlie
Hi Charlie,
I have never followed ITRI.
Thus unable to give any analysis.
RSI is only 1 part of the story..fundamentals must be weighed against RSI.
Saleem
Good Morning to Salleem and all
I thank you for the alert on AUY - I sold too.
I got some MACY and MO.
I got some WIN-see the story
http://community.nasdaq.com/News/2010-11/the-safest-dividend-in-the-sp.aspx?storyid=45752&source=TheMotleyFool
Still looking for a buy
best to all
Hi Madmax,
AUY was much stronger than what i thought,its volume was HUGE???
BUT..profit is a profit in few days.
M is a very strong turnaround story.
My only suggestion for this market..focus on strong growth stocks NOT dividend growth story.
Good luck with all your pick.
Saleem
Post a Comment