COMPX Chart, SYNM Chart

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April 25, 2009

COMPX is trading inside the box of glory. I just made the name up and I like it. The faded rectangle at the upper right is where longs and bears will get frustrated. Sideways congestion and then we we’ll know what happens after that. My guess is second leg higher. Congestion could be all of May though.

The other chart is SYNM. I posted when I bought it. There are a couple of other stellar puppies in there, but SYNM is the best one – 82% gain.

I still hold those little junkets as well as the other stocks mentioned a bunch of times. I did sell my DRYS calls at the close Friday due to some intraday signals going red and me not wanting to chance anything. I cashed my index longs yesterday and I’m waiting for another opportunity. You can see where I got long on the COMPX chart.

If the market continues to move higher (and I have suspicions it won’t) here is a list of potential poppers I’m watching:
ABD, NVAX (is a swine flu stock play), IOSP, DDR, HNSN, ULTR, LEXP, RRR, ATU, ARAY, CRR, PCX, BCRX, SONS, OPXT, WL, GBG, PHM, EXK, CPHD, RIGL


  • sunzt

    FEED & YGE look good here. Your thoughts?

  • sunzt

    FEED & YGE look good here. Your thoughts?