CLMT - Broke through its resistance and ....

[antonioac]

is ready to explode.....This stock has made a very strong vertical move over the last three sessions. The Inside trading is very active, as table below shows. The short-term target is difficult to judge, the stock has made a major breakout in the last two sessions. The long-term target in my opinion is 20-plus. The technical daily chart shows very positive sign as MACD is back above 0 again with stock also back above 20 day moving average. In addition with KD still rising we should see more upside of this stock.

3267

[Gzapper]

"hi my name is antonioac's pen!s and im probably the only one who can read what my owner just posted" 8O

[Damon]

"hi my name is antonioac's pen!s and im probably the only one who can read what my owner just posted" 8O

Gzapper, don't be a d!ck. http://www.onlinetradersforum.com/images/icons/icon10.gif

[Gzapper]

ok ok ok u know and i hope that antonio knows thats a joke! i mean u left it WIDE OPEN man! thats like going on a 4 on 1 break in basketball! what are u going to do.. pop a 3?!!? or go to the hoop?! BAMM!! :rolleyes2:

[mark_brantford]

is ready to explode.....This stock has made a very strong vertical move over the last three sessions. The Inside trading is very active, as table below shows. The short-term target is difficult to judge, the stock has made a major breakout in the last two sessions. The long-term target in my opinion is 20-plus. The technical daily chart shows very positive sign as MACD is back above 0 again with stock also back above 20 day moving average. In addition with KD still rising we should see more upside of this stock.

3267

I found this one on a screener. Wow. Think I might beg borrow or steal to grab some stock. Crack spreads improving for all refiners, insider buying is crazy and you forgot one thing...an 11% dividend yield.

[mark_brantford]

Oh yeah, if anyone wants to do another chart read on this, that'd be great :D


Looking to get in Monday, so once I do expect it to drop for a nice entry point :P

[TheChartGuru]

The stock has dropped from $34 so there is a lot of resistance up ahead. It did fill the gap, but it hit its head on the downtrend line. It is trading below the ma50 and it is way below the ma200. The ADX shows a weak rally. Just my 2 cents, but there is nothing compelling to rush out and buy this stock anytime soon. To be honest, it looks like a great short. I would wait for at least the stock to cross the ma50 for a bullish uptrend signal.

The Guru has spoken

http://tinyurl.com/4w4h83

[mark_brantford]

Thanks, technicals are reading differently than the fundamentals I guess :)

[Rich]

Frank,

You really can understand that mess called the ADX? :confused2:

Wow, I get a headach looking at that mess!
Guess I have to study up on it a bit.

Rich