Tag: stock

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Trina Solar (TSL) January 2012 $27.50 Strike Call (1) @ $7.00

While we remain skeptical of the entire alternative energy sector in the near term, the chart pattern formed by Trina Solar (NYSE: TSL) proved irresistable. The China based manufacturer of photovoltaic (PV) modules worldwide has a chart pattern that indicates heavy accumulation taking place. A “mini” cup & handle formation within a larger ascending triangle formation seems like a good place for a speculative investment.

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Dean Foods (DF) June 18th $8 Strike Call (2) @ $2.80

Dean Foods (NYSE: DF) has been hit hard over the past few years. The dairy product manufacturer has seen its stock price decline from the mid $20′s to just $10.40 as of today’s close. While the dairy industry has been hard hit with high input costs and slim margins, comments made during this quarter’s earnings release indicate stabalization.

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Spartan Motors (SPAR) 250 Shares @ $7.10

Despite a quality earnings release (SPAR) was down more than 8% and closed near session lows. With Spartan showing such a beautiful multi-year breakout we simply couldn’t resist re-entering on the pull back. Watch (NASDAQ: SPAR) as it attempts to backtest support near $6.75.

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Spartan Motors (SPAR) 275 Shares @ $6.86

Spartan Motors (NASDAQ: SPAR) designs and manufactures various parts of motor vehicles – but its chart looks more attractive than its business model. Looking at the chart above you can make out the rough outline of an inverted head & shoulders pattern. Today, this stock came up on my radar as it pierced through its $6.95 resistance level.

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Gap (GAP) March 19th $22 Strike @ $1.25

Gap (NYSE: GAP) is a clothing retailer that has been volitile lately. The company experienced a steep sell off in early January, dropping from $22.41 to $18.94 before bottoming. Market trading action caused a small sized gap in the chart near $21.50. We decided to get short with a small sized put option after the gap was filled.

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China Agritech (CAGC) March 19th $11 Strike @ $2.35

China Agritech (CAGC) is a manufacturer of liquid fertilizers in the People’s Republic of China. The company has come under scrutiny in recent trading for securities fraud allegations regarding the size and scope of its business. Short sellers have taken hold of the company, sending shares down from their peak of $30.75 to just $7.44 per share in recent trading.

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TradeKing Review

With the rapid growth of online stock and options trading came a wave of online discount brokers. However, not all online brokers were created alike. In a race to the bottom for the cheapest online trading fees a few online brokers took it to the extreme. Tradeking was one of pioneers in the industry, introducing low stock and options trading fees of just $4.95 plus .65 per options contract. Discount brokerages have revolutionized online stock trading.

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Sharebuilder Review

Have you ever wanted to start investing, but didn’t have enough money to open an account? Sharebuilder from ING Direct may be just the right discount brokerage for you. Sharebuilder has no account minimum and allows you to buy fractions of a share. Sharebuilder recently added mobile account access for both BlackBerry and Apple I-phone users.

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Stock Chart Scan (01/18/2011)

Toy manufacturers Hasbro (NASDAQ: HAS) and Mattel (NASDAQ: MAT) have made major moves higher in the past 12-month period. However, recent poor earnings comments coupled with weak consumer spending has sent shares of each company well off their highs. Both Hasbro and Mattel are testing key support levels displayed on the charts below. Hasbro Free [...]

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Stock Chart Scan (11/24/10)

Honda Motors (NYSE: HMC) and Olympus Pacific Minerals (TSE: OLYMF) popped up on our chart scan today. Honda Motors features a spectacular looking short and long term chart. Breaking above its $37.25 neckline recently, the stock looks poised to move higher. Olympus Pacific Minerals is a micro-cap gold mining stock forming an ascending triangle. The stock represents an outstanding speculative gold investment for 2011.

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