Wednesday, April 24, 2013

24th April 2013

$INDU components, i.e., all blue chips are in rally mode.

GOOD BIDU PBR  - going to rally higher !

APOL  - best choice in education stocks, looks great for entry here!

TIBX - Big data play, good entry point here! Must bounce, sitting on a critical support of H&S pattern in 10 year daily chart! Watch for a confirmation of bounce before taking position.

RIG - perfect entry point here... on 10Year daily chart, sitting on the support of trendline that it broke above of, this is a place from where there's usually only upward price action!

APA- good entry on long term support. Has good operating margins and is severely lagging to its relative peers, APC, EOG.  IMO and SU are other good UNG plays.

MCP, REE - 10th May 2013