Stock Pick for the next couple days

[TheBullPicker]

LEXR is my pick for the nest few market days. What do you guys think?

[englishman26]

I'm surpised TCG hasn't picked up on this one. MA5 & 10 just crossed, it has consolidated well after it's pullback. I think this could be a good call. Granted, that little jump it did from 6.45 to 6.90 might be all the MA signal is giving and it might just dribble back down to 6.40 from here.

Why did the stock come in so much 10 or so days ago??

[Luc1Grunt]

RSI is downsloping, OBV is downsloping, MACD has crossed a few days ago...and check out all the support levels this thing can drop to. There are plenty of stop losses still in effect and many who bought above $6.50. Those folks may be getting a bit antsy and dump on any monor bounce forcing another drop. It looks as if it could be forming a Stage 1 base, but that will take some confirmation. It is also well below 50 MA so that support is gone. It's on my watch list over the next several days, but it needs to confirm in a few more areas.

I have not checked any news on this or insider trading....but that may expose the drop. Watch for a volume increase and a test of resistance at around 6.85. IMO of course. :D

[stockbroker]

No way.

3

$7 is as high as I see it going.

[TheChartGuru]

I've had LEXR on my watchlist since 02/07. Problem is that it's stuck on its MA(200). What I would love to see is a triple MA crossover to feel better. A MA(4)/(9)/(20) crossover would signal a possible reversal upward. Then it has to breakout out of the MA(500) @$7.24. Wheeeeeeeew, so much resistance ahead. But worth watching for sure.

The Guru has spoken