Monday, February 6, 2012
Evening Thread
See that little doji up in the upper right corner? That was today. If you were trading ZOLT or ZNGA or ZIXI it was more exciting than that. The uptrend remains in place.
Afternoon Thread
ZOLT reported earnings last week. It is a leading provider of carbon fiber to the wind energy industry, where the fiber is used in blades. The stock is Rev's SOTW and is up about 10% at this writing today. We could "hope" for a pullback to let the rest of us in. It has nothing to do with social media or Facebook that I can find.
Morning Thread
Gator's Chart of the Day |
I have no position but what I hope to see is a pullback to the 36.50-37 area and then a bounce. That is where I want to enter and I can keep a very tight stop just a little under the 200 day (which is coincident with the 20 day.)