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  #1  
Old 08-21-2007, 11:38 PM
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Looking into MOV

Jewelry and Silverware has been a hot industry of late, up over 11% in the last 5 days.

MOV has been pretty much sitting in a 3 day range, may not be a bad entry point here as a speculative buy, would keep the stoploss at 28.48.

http://finance.yahoo.com/charts#char...urce=undefined

FOSL is one of its competitors and has been rolling since begining of August. May wait for a pullback, not sure yet, if I get in the stoploss would be under 31.14, would be the 1st sign of weakness.

http://finance.yahoo.com/charts#char...urce=undefined
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Old 08-22-2007, 05:08 PM
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Any thoughts on JADE? Looks to have found a base around the $5.75 mark after being hammered down from $13.

http://finance.yahoo.com/charts#char...urce=undefined
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Old 08-22-2007, 05:31 PM
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I like it at these levels, check out the 1 year chart, its a little more clearer. It broke out of resistance on Jan 12th 2007 and the high that day was 5.69, which is now support. It has tested those levels 2x and rebounded off them. August 7th, the low was 5.86 and Aug 16th the low was 5.76. I would put a stoploss at 5.70.

And it appears to be ticking up right now out of this 4 day base.

http://finance.yahoo.com/charts#char...urce=undefined
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Old 08-22-2007, 05:56 PM
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sucks, MOV had a nice day and broke out of the range like I thought it would but didnt really present a good buying opportunity for me with the low volume, FOSL has continued to have great follow through as well. I wish I found it a little earlier
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2011-12 NBA: 132-99-5
2012 NBA Playoffs: 34-31-1

Last edited by whodi; 08-22-2007 at 06:01 PM.
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