Tuesday, October 10, 2006

TradingIdeas III

Hi,

first of all: SNE went down by -0,56%, closing at 37.57$. However, the two options I picked, remained unchanged. Since my SL was not hit (37.35$) and the RSI(2) is even lower than yesterday, I still believe in this pick. It should be bouncing today! Now my ideas:

1) TXN: I was reading in the news yesterday, that Texas Instruments is about to build a new factory either in the Philipines or in China. Usually I don´t care much about Fundamentals or News - but I remembered that TXN was on my filter of the RSI(2) aswell. So, in this case, I see a chance for a possible rise. Here, I would be a Call option, already in the money, let´s say: TXNAF.X, last price was 3.10$. Also you could buy one very close to be in the money, TXNAZ.X, last price 1.80$. The stocks last price was 31.43$, my SL (to get out of the trade) would be 30.48$.

2) MOBE: this will be a very speculative trade. The stock was filtered by my "FallenStocks" filter. It has declined quite a lot already - I believe that now it is time for a pullback! Last price was 2.90$, my SL would be at 2.70$. Here is the chart:


3) CCUR: this might be a good trade for a time period of one or two weeks. last price was 1.70$. My SL is at 1.60$. The filter I used was a version of an Ichimoku that I use sometimes. Here is what it looks like:
4) HAWK: this stock was filtered by a version of my RangeRatio filter. Last price of the stock was 10.37$. My SL would be at 10.18$.

So much for today, good luck to you,
The Stockinvestigator

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