Friday, October 21, 2011

Stock Analysis 10/21

Dow Jones is up by 37 points. PHISIX may either continue its correction or will resume an uptrend. However, Gaddafi's death may prompt major markets up which, in my opinion, will provide positive sentiment in PHISIX. Most traders will anticipate surges in major markets thus will position themselves early. However, I may be wrong thus monitor the market keenly.

IP is a stock to look at. IP's lock up is due until Dec. 15 and traders and jockeys alike may manipulate its price action before the said date. For mid term holders, IP is a great choice and for short term traders, buying on dips and selling on rallies on this stock can give good gains.

Penny stocks AR, BHI, and MA are also good picks. AR is 0.01 bound, MA's momentum is quite strong, while BHI is cheap as of the moment.

Position yourselves today in anticipation of strong rallies in the next few days.

No comments:

Post a Comment