OnlineTradersForum.com

free charts and quotes  

Go Back   OnlineTradersForum.com > Contributing Websites > Wall Street Trader's Column - weekly stock pick



Reply
 
Thread Tools Display Modes
Old 03-08-2007, 01:11 PM   #1
Harry Aloof
contributing website
 
Harry Aloof's Avatar
 
Join Date: Oct 2006
Posts: 165
Harry Aloof has a very good reputation
Lightbulb Superior Energy (SPN) NYSE 3/2/2007

From Wall Street Trader's Column

SUPERIOR ENERGY SVCS (SPN-NYSE): Technical Viewpoint: From a low of $28.20 on Jan 18, 2007 prices rallied, reaching a high of $31.12 on Feb 5, 2007. A decline saw prices pull back, reaching a low of $28.74 on Feb 20, 2007. Another rally saw prices penetrate resistance line "A", closing 3/3/07 at $32.72. Technicals: MACD Index (MACD): A Buy Alert! was given on Jan 30, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $31.43. Resistance: Is at $32.99. Point & Figure: Reversed to the upside on Mar 2, 2007. A P&F downside reversal takes place at $29.00. Summary: Technical indicators have turned bullish. BUY! SUPERIOR ENERGY SVCS (SPN-NYSE) @ $33.13 Stop: Use a protective stop of $31.13. SUPERIOR ENERGY SVCS is currently trading @ $32.72 plus $1.47 on Mar 2, 2007.

Price Objective: $35.50.
Risk/Reward: $2.00 VS. $9.37.
Today's Risk Reward Ratio: 5:1



Last edited by Thierry Martin; 04-24-2007 at 11:42 AM.
Harry Aloof is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Forum Jump

Similar Threads Thread Starter Forum Replies Last Post
Mohawk Industries (MHK) NYSE 2/20/2007 Harry Aloof Wall Street Trader's Column - weekly stock pick 0 02-21-2007 09:44 AM
Ratheon (RTN) NYSE 2/5/2007 Harry Aloof Wall Street Trader's Column - weekly stock pick 0 02-05-2007 06:40 PM
Stryker Corp (SYK) NYSE 1/29/2007 Harry Aloof Wall Street Trader's Column - weekly stock pick 0 01-30-2007 06:59 PM
Comcast (PL) NYSE 1/16/2007 Harry Aloof Wall Street Trader's Column - weekly stock pick 0 01-19-2007 08:59 PM
Protective Life (PL) NYSE 1/8/2007 Harry Aloof Wall Street Trader's Column - weekly stock pick 0 01-19-2007 08:56 PM




Google
 
Web OnlineTradersForum.com
All times are GMT -4. The time now is 06:34 PM.


Sponsors and Affiliate Partners:
Stock-Links.com
weekly trading offers

The Rogue Trader
weekly stock picks

The Wall Street Journal
expert insight on the market

Trend TV
free trading videos

Portfolio Crafter
chess genius turned expert trader

Trading System of the Week
top systems reviewed

Wall Street Glossary
definitions of financial words

TheStreet.com Action Alerts
Jim Cramer emails you all his trades

MarketClub: Tools for the Trader
featuring Trade Triangle Technology
Traders-Blog.com
top trading sites contribute

Mad Money Recap
daily recaps of Cramer's stock picks

Investor's Business Daily
top-rated stock lists and screens

Elliott Wave International
hard facts, eye-opening charts
Free Offers for Traders
reports, charts, dvds, all free

Morningstar
in-depth investing analysis

optionsXpress
tools to help you locate your next trade

First Hour Trading
trade succesfully in only 1 hour a day

Powered by vBulletin Version 3.8.4
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.



All Rights Reserved ©2005-2009 Fiasco Financial Network