A Stock Pointed in the Right Direction

February 3rd, 2014
in contributors

by Jeff Pierce, Zentrader

This is one stock to keep an eye on and buy after it has a pullback. It continues to show up on my scans night after night and when you look at the volume pouring into this stock there's no denying it's under accumulation. Given how long it's been in the overbought territory on the RSI it needs to have a good 25% correction to reset, but as soon as that happens it will be a great buy. Ideally the daily RSI will pull back to the 40 level.

Follow up:


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

 navigate econintersect.com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved