Archive for February, 2009.

sc12.jpgWell, this is a little of-topic for this site, but as you know sometimes I need to create some fresh atmosphere, to talk about something different to have some feedback from you. If you are in an industry where you need used vactor trucks, let me inform that you can easily get that at Al Asher & Sons. Located in Los Angeles, Al Asher & Sons offers a large sales and rental inventory of late-model, pre-owned bucket trucks, digger derricks, stinger cranes, cable pulling and transport trailers, crew trucks, and specialized equipment from well-known manufacturers, like Altec, Hi-Ranger, Hogg-Davis, National Crane, Vactor, Versalift and many others. So, whether you are looking for construction equipment for a permanent or short work, Al Asher and sons is definitely your answer. They also provide neat financial assistance through banks and leasing companies, so you can be rest assured that you are covered on the financial front as well.  For more information, you can click on the link above to contact them via their web site. If you want to talk to them, you can also call them at their toll free phone number at 1-800-896-2840. So, contact them now for all of your construction equipment needs.

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                                            Chart courtesy of www.stockcharts.com

Ciena shares are attractive at this level since its near to the support level around $5. As long as the support is there, I don’t think its a problem to include this stock in your short to medium term portfolio. Anyway there’s still the ability to gain in shorter period provided the support is there and if the overall market on recover mode. Momentum is decreasing and many technical indicator show bullish divergence with the price movement. If the stock can stay above 5.07, then it has potential to rebound to 5.75 resistance. Let’s keep an eye on it.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

Trade Idea – PMCS

posted by tony
file under Stock Market

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                                            Chart courtesy of www.stockcharts.com

PMC Sierra shares are developing a short sideway move characterized by low volatility. The stock is a candidate to be traded in breakout mode. The technical indicators are looking better for the stock with MACD indicator above its sell signal line, K line on top of D line and RSI indicator moving up from the 50 level. A close above 5.75 will impart bullishness and will help the stock move to the 6-6.47 band. A drop below 5.20 will have negative implications that will push the stock down to the 4.65-5 range. Let’s keep an eye on it.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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