Sunday, January 27, 2008

Another Nice Flag


Here is today's pick for Monday: PETS. Recent earnings news has awaken PETS for a possible move to the upside. Look at how the volume has picked up recently. That's a classic sign of renewed interest in this stock. There's a nice looking Bullflag in the making. If it can hold at this level and not break Friday's low, then it may run. Buy point on this one is somewhere above 13.35 on heavier than usual volume. This stock is a slow mover so don't expect big gains in the short term. Also keep an eye on SAY and BOLT since those too are making possible flags. Remember this market may have wild swings until this whole Fed/Sub prime situation gets sorted out. If you enjoyed this and previous posts then please leave a comment and let me know what you think or suggestions to improve this blog. Thank you.

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