Practical Share Trading Clip:AXTI, EGI, VVTV, ZINC — Stock Charts — Harry Boxer, TheTechTrader.com
| 12/28/10 - Today the market was mixed and a little choppy, showing some negative divergences, but there's still a lot of stocks that are promising, looking solid. www.thetechtrader.com AXT Inc. (AXTI) had a substantial day today. This integrated circuit manufacturer broke out above lateral price resistance here. Price-volume surge on 1.78 million shares, jumped 86 cents, or 9.3%, and closed about 10%. The first time in quite awhile. It's many, many years, actually. You can see the long-term channel has this stock having run up from under 1.00 to over 10 now, more than 10-fold in the last 18 months. Let's call it 20 months. So, momentum may be on the way. Look for a move towards 11 1 short-term for AXTI. www.thetechtrader.com Entree Gold Inc. (EGI) low-priced stock continues to move higher with thrusting volume. This is a key breakout. A little bit of a 4-day pullback. Yesterday it moved up a little bit, today it thrust back up 21 cents, or 6 1 This is going to be challenging, this lateral price resistance around 3 1/2. If it gets through that look for a quick move toward the 4.00 range, and 5.00 on a more intermediate basis. It's potentially doable. www.thetechtrader.com ValueVision Media Inc. (VVTV), you can see long-term resistance going back three years may be tested here. Stock is thrusting with strong volume and technicals. A move toward 7, then 8 1 -- 9 zone are our trading targets for VVTV. www.thetechtrader.com Horsehead Holding Corp. (ZINC), another mineral ...Share Trading Facts: Many full-time stock traders and stock investors have a formal education and training in fields such as economics, mathematics and computer science, which are particularly relevant to this occupation. Among other reasons, there could be some instances where taxation is already incorporated into the stock price through the differing legislation that companies have to comply with in their respective jurisdictions; or that tax free stock market operations are useful to boost economic growth. In a normal distribution of investors, many academics believe that the richest are simply outliers in such a distribution. |
Duration: 00:08:57 Rating: View: 314From: thetechtrader Keywords: stock charts, Harry Boxer, stock pick of the day, stock market, day trading, swing trading, etfs, exchange traded funds, stock picks, technical analysis, Nasdaq 100, S&P 500, NDX, ETF trading, DOW, NYSE, stock market analysis, the tech trader |
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