The ‘B’ Sides

• Posted by Greg Harmon
• on December 5th, 2010

Following on from the Top 10 trade Ideas here are the ‘B’ sides. Great stuff but maybe not as wide spread as the initial list, and less TA help. Some are a little more edgy and racy. Keep them to yourself. Lucky 7 tonight.

BIIB

This one is a little late for the full move but still has room, target 72 on Measured Move with support at 65.60.

CPE

The Flag probed lower & returned with volume and RSI lifting. I like this above 6.2 to run to 6.70 and then 7.25. There is support at 5.80.

CSCO

This one is a risky play. It appears that the MACD is improving, and RSI bottoming. A long with stop a at 19, looking for a jump to a target of 20 then 20.40 and 20.80.

DE

Everyone is long $CAT (including me) but Deere above 80 has potential to 85-90. This moves $5-10 when it moves.

PCS

Over 12.50 my target is 15.

RBY

If Bull flag holds 5.70 and then gets above 6 there is resistance at 6.25 followed by a target of 8.25. If it loses the flag lower then 5.25 and 4.75 are support.

SAM
Breaking the flag higher. This has low volume though. My target over 85 is 93 on Measured Move.

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