Saturday, February 21, 2015

Weekly Stocks Notes: Feb 23-27, 2015

If I had money to buy stocks right now...

I really like AGI's chart right now. MACD finally broke into an uptrend and volume is looking good. Smoothed RSI is at tolerable 57%. Buying below 25 is a really good option, I guess the only question is will it be able to break 27 resistance sooner. The last it was challenged about three weeks ago was unsuccessul, but moving averages and MACD is looking much better now than last time.


I think MPI and NIKL is also worth a look for really short trades. It's important to set your targets and stick with it though.

Will TEL and VLL reverse soon? I probably give too importance to volume too much than needed, but whenever a stock crosses oversold levels I stay alert.



Disclaimer:

The information provided may not be as relevant today given the time gaps and change in varying economic conditions. This article is just an opinion of one person based on his personal knowledge and should not be taken as a recommendation to buy or sell. I cannot be held liable for any investment decisions made in consequence to these articles.



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