One New CANSLIM Long Position And Two New Speculative Long Positions

August 29, 2007

None of these chart patterns are really perfect and warrant a large investment, especially in this kind of market. RADS is nice but the chart is very choppy and goes through some extreme moves, making it a poor long to load up on. FLT is just way too thin to be more than a very small limit order. The best one in the bunch is NUVA and that chart also has its wild and volatile problems. The great thing about that chart is all the green BOP and max green BOP in the chart. If this stock did not have max green BOP and instead had yellow BOP, this stock would not be a long. So, remember, the best one is NUVA and even that one is not that special.

new CANSLIM long position: RADS

RADS

new speculative long position: NUVA

NUVA

new very speculative long position: FLT

FLT

Last 5 posts in Free Archives Longs

Posted by Joshua Hayes | Filed Under Free Archives Longs 

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