Showing posts with label PCU. Show all posts
Showing posts with label PCU. Show all posts

Monday, February 18, 2008

What goes up must come down? (3 yr charts)

RIMM
PCU
FSLR
DRYS
DECK
MOS
LED ZEPPELIN

MON

POT
AAPL
GME

Disclosure: I own DRYS, FSLR & RIMM puts. Also, Led Zeppelin calls.

Sunday, February 17, 2008

Coiled PCU

I'd be inclined to short it here with a tight stop at the 200 dma of $101.83 with an initial target of $86 and a longer term target of $70 ish. But really any break of the tight recent range ($99-$103) would be very meaningful. Whats most important for the longer term is a close above the 200 dma or a close below the 50 dma ($98.10). But be warned, this stock could still be in a long term uptrend.