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Monday, April 04, 2005

Stocks to Watch on Mon

ABLE&GEOI&FUEL:

  • While Crude Oil Futures are trading at near record levels and heading to my intermediate-term target $60/barrel, I expect these three oil momentum stocks to continue their rally on Mon with resistances at 13, 11, and 2.5 respectively.

SINA:

NGPS:

  • BUY&HOLD as long as it stays above 20.82 . I expect to see 23 soon if general market holds well on Mon. Otherwise, I will get out and re-load at 20.

HRT:

  • I'm expecting it to touch 20 on Mon if market is doing well. However, if it opens low and the bid is not strong, I will sell and re-enter at 16.5 .

Good Luck on tomorrow!

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