RECAP OF PICKS

By Brett Goldstein on Dec 20, 2006

Here is a recap of the charts for December so far that I have put up so far.
AEM-Still at support from Septembers high. I still like this play.

DTV- Still bullish. Wait for a trendline touch and load up

IAAC- Up 9pts from the post of the chart last week. Earnings came out today and they reported a loss. I sold before earnings and bought after-hours. Conference call is tomorrow and IM hoping for some positive guidance. There also buying $500,000 worth of stock back in a buyback.

AKAM- Still bullish from recent breakout.

AAPl – Kind of scaring me a little to tell you the truth. Acting really sloppy

JST- Went up 6pts from the post of the chart last week. Announced that they are planning to sell 1.5million shares at an average price around 19$. Buy on the dips.

DRMS.OB- Still very speculative but bullish in the long run.

SIM-Broke through trendline and went down to 14. I would stay away

BRLC – 8.22 looks like good support. I would buy on this dip. Looks nice still

LFC – Up about 18 pts since mentioned. IM going to stay away now. I think the run may be over.
SOFO- Love the chart, Going higher.

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This entry was posted on Wednesday, December 20th, 2006 at 7:34 pm and is filed under Stock Charts. You can skip to the end and leave a response. Pinging is currently not allowed.

2 Responses to “RECAP OF PICKS”

By Kelley MBA on December 26th, 2006 at 9:02 pm

AKAM is trading @ too lofty a level. News is beginning to leak out that their product/svc is being commodified and large rivals — with deeper pockets — are beginning to entrench on AKAMs territory.

There is a really good article on AKAM here:

http://internet.seekingalpha.com/article/19564

AKAM recently broke MACD support – now we just have & wait to see if it slices the 50 day — and closes underneath it. If so, AKAM is a short.

By Brett on December 28th, 2006 at 11:04 am

Thanx Kelly. I agree with your statments but untill the charts tell me different, I am still long. Thanx 4 the input.