Tuesday, February 8, 2011

Reversal Candidates



JGS gave a trending buy signal for today.
MPI about to give a trending buy signal. Signal is confirmed only on actual crossover.

*Did not put up a position in JGS. Waiting for a higher trough to form before getting in.
*Will not put up a position in MPI. Potential short/long term upside is the lowest among the selection.

Not a recommendation to buy.

2 comments:

  1. How are you able to short stocks? hehe thanks! :)

    ReplyDelete
  2. I can't short stocks. It's just hypothetical shorting to see whether the issue being addressed is in a downtrend or not. Sorry for the misunderstanding.

    ReplyDelete