Want to Share my Daily Stock Tips

fred7

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Hi fellow BHW members, I want to give more contributions to this forum. So I decided to give daily stock picks here so probably it would help you to find stocks which have a potential to go up. I have a blog and it contains my articles about US stock market since 2009, so actually I'm not a new player in stock market.

And if you have any question regarding stock and stock market, you can also ask me here and I will try to help you.

Goodluck! :)

Disclaimer:
Stock Tips are published solely for informational purposes and must in no way be construed as investment advice for a specific individual. Further, individuals should consider their own unique circumstances and investment objectives and do their own independent research before acting on any stock tip from fred7. Fred7 makes no guarantee the tips will be profitable and past performance is never a guarantee of future performance. Unforeseen events can cause a stock to rapidly lose its value so those who purchase stocks must understand that investing involves risk and could result in the loss of some or even their entire principal in a short period of time.
 
Stock tips for Jan 7th, 2013:

The first stock is Steel Dynamics Inc (STLD) which just broke its bullish price channel on last Friday, and then made a new 52 weeks high this morning. You can put the stop loss at $14.20, right below the bullish price channel's resistance. The second stock is Visa Inc (V) which also broke its bullish price channel's resistance and made a new 52 weeks high. The stop loss could be around $155.80, below the pattern's resistance. The third stock is Navistar International Corporation (NAV) which just broke its bearish price channel's resistance. I think the stock has ended its bearish trend, and if you want to buyt his stock, the recommended stop loss is at around $23. And the last stock is Lennar Corp (LEN) which bounced from its bullish price channel's support last week. It think the stock has a potential to reach its resistance at around $46. And if things go south, I probably would sell the stock at around $38.50 to cut my loss.
 
What about Zynga ? do you think its a good buy their shares?

also where would you advise a new trader to start learning from and what sort of initial investment would be required ?

I just signed up for an account at TradeKing
 
What about Zynga ? do you think its a good buy their shares?

also where would you advise a new trader to start learning from and what sort of initial investment would be required ?

I just signed up for an account at TradeKing

The best initial investment for stock trading is usually $10,000. Best place to start learning is Investopedia
 
What about Zynga ? do you think its a good buy their shares?

also where would you advise a new trader to start learning from and what sort of initial investment would be required ?

I just signed up for an account at TradeKing

The best initial investment for stock trading is usually $10,000. Best place to start learning is Investopedia

Yes you can start learn about stock market's basic from Investopedia, and you can read William O'Neil's How to Make Money in Stocks. That is a great book and yes, the best initial investment is usually $10,000. But if you are completely new in stock market, you have to practice first using your broker's virtual trading. Do not risk your real account if you could not make a steady income using virtual account..

I think Zynga is a penny stock and I usually do not trade penny stock. But I think Zynga is still in sideway trend (I saw the stock's chart)..
 
Hi guys here is the stock pick for today:

Phillips 66 (PSX). The reason is because Phillips 66 has a tight, neat bullish price channel pattern and the price has just bounced from its support. So I think the stock has a potential to reach its resistance at around $57. And in order to minimize risk, a stop loss could be set at around $50.75.
 
I held BAC for over a year after it tanked and sold a few months ago when it went back up to 9:80. Kicking myself in the shins right now because it is over 11 =/
 
I held BAC for over a year after it tanked and sold a few months ago when it went back up to 9:80. Kicking myself in the shins right now because it is over 11 =/

Why did you sell it? I just saw the chart, it forms a bullish price channel pattern.. It just made its new 52 weeks high last week, and it retraced to its new support this morning. But never mind, you have to believe that there are still many other opportunities :)
 
I sold it because I was planning to buy a car and did not want to incur any more losses since had just regained my money from over a year. Oh well, better luck next time.
 
Personally, I liked to play in dividend/income stocks that have growth potential. I have this one PHK that I have been in for a year, that not only had growth but also pays a 12%+ dividend.

I play in some spec stocks as well, made a bunch of money day trading VRNG a couple months back.

I also like Forex, love the leverage, but it can be deadly as well.
 
Has anyone here had any experience with ARR. I held them for a few months.
 
is bullish price channel your keyword?

No, no absolutely not. But when I look at the charts, there are many good stocks which form bullish price channel pattern. Of course there are other profitable pattern as well like cup with handle and bullish wedge. But we could rarely find stocks with those two pattern everyday :)

I sold it because I was planning to buy a car and did not want to incur any more losses since had just regained my money from over a year. Oh well, better luck next time.

Oh I see. However you've got a nice profit from the trade so congrats buddy!

Personally, I liked to play in dividend/income stocks that have growth potential. I have this one PHK that I have been in for a year, that not only had growth but also pays a 12%+ dividend.

I play in some spec stocks as well, made a bunch of money day trading VRNG a couple months back.

I also like Forex, love the leverage, but it can be deadly as well.

I've ever heard that penny stock which gives high dividend is not a good choice because most of penny stock raise fund through stock market to grow their company, so why are they offering such a high dividend? Because the other companies will retain their earnings so they can use the earnings to expand their business etc. And usually the big, mature companies are the ones which pay dividend..
 
at fredZ

What time frame are you looking at for the support and resistance?
 
Hi fellow members, here are today's stock picks:

SBA Communications Corp (SBAC) is traded at $70 each and the recommended stop loss point is at $68.70. If you look at the chart, you can see that it's in a beautiful bullish price channel pattern. We got a doji candlestick yesterday and the stock price bounced from the pattern's support this morning. The target for short term is around $75 and more in longer term as long as the price still move in the pattern. The other stock is Mattel Inc (MAT) at $36.46 each. Even though Mattel does not has a beautiful pattern like SBA does, but I think it still has a potential to reach $39 in short term. Then the recommended stop loss point is at $35.80 to minimize risk.
 
Today's Stock Pick:

BioMed Realty Trust Inc (BMR) is traded at $19.80 and the recommended stop loss point is at $19.40. The reason I chose this stock is because the stock price has broken the major resistances at around $19.50 and made its new high. And the stock price just bounced from its pullback so it is a good time to catch an opportunity.Goodluck!
 
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