01-26-13 09:13 PM
The downside target of AAPL is 400.00. Don't pay anymore than that. If you take the high of 600.00 at the end of Nov.. early Dec. then look at the recent lows Dec 17- and around Christmas at 500.00. subtract those numbers and get 100.00. Flip that 500.00 , go down 100.00 you get 400.00 downside target. I' m not saying that will be the start of an uptrend that will take time ,but you should get one heck of a bounce off the 400.00 mark. Don't pay more that 400.00 period!
Got a major sell signal for DE. going to at least 80.00.
You have to admit this stock made up alot of ground since the open.
Still trading above prior resistance now support of about 2.69.Still a hold if you bought in jan..I see a target of 3.00-3.20.You can still enter at current prices , you would just have to buy at min. 500 shares.
One more thing , this stock has the potential to reach 39.90 longer term.
IRM is a buy on a break above 35.20 on a close. If the stock is trading above 35.20 at 3:45 pm chances are it will close above that. I would just put in a buy stop at 35.20.This stock will take off on a close above that.I would look for 5-7% profits or use tight stops once you reach those percentages , use .05% below previous days low when doing so.Looking at a chart going back to last nov. and march of this year you will see the potential breakout of 35.20.Good trading.