How I'm Handling this High Powered Stock

March 12th, 2014
in contributors

Highpower International (NASDAQ:HPJ)

by Jeff Pierce, Zentrader

This stock came up on my radar the last week of February when it rose on "new orders" as it sees increased demand for it's products in the alternative energy field. I don't generally look at stocks under 500k/day but this one is on the cusp as it's adv is now 450k. The chart pattern is very bullish after breaking out of a five month base. Combine that with a screaming high RSI and this looks poised to benefit from the big moves in other stocks in this sector like PLUG, BLDP, and FCEL.

Follow up:

Disclosure: I have a small speculative position at $4.97 and will look to exit as it trades back near previous highs.


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.



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 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