Archive for September, 2011.

Trade Idea – THQ Inc.

posted by tony
file under Stock Market

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The technical chart is shwoing some positive divergences in the chart showing up…… we might have seen the bottom and ready for a sustain rally. The insider transactions show positive sign as the CEO finally began to purchase stock in August at 1.85 and 2.60 per share for 25000 shares.

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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The stock is a buy based on Friday’s bullish move. The stock broke the 50 day MA and also the resistance of the channel. First possible target price for this stock is at $24.15 and have to see from there. Looking at the technical indicators, we have the MACD near the center line and RSI moving up above its 50% level.

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 – Yahoo!

posted by tony
file under Stock Market

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I’m still holding my shares of  Yahoo! Inc. (NASDAQ:YHOO). I have seen real strong signs of accumulation for the past two weeks and I’m hoping to see another leg up.

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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