2 Stocks Due For A Pullback

September 6th, 2014
in contributors

by Jeff Pierce, Zentrader

EMES put in a very bearish weekly candle today, taking out all of last week's gains. This stock will likely see the low $90′s before $150, but all is not lost for the bulls. I do believe they will see their day again. Watch for a pullback down below $100 and/or a RSI pullback down near 40. Whichever comes first is where I would start legging into this stock. Yes it's a long fall, but this stock's RSI has never been below 70 so it needs to spend some time down there to work off this overbought state.

Follow up:


Emerge Energy Services LP - Earnings Surprise | FindTheBest

This is the "stock a fork in it" candidate of the week. You are witnessing a blow off top here in the making, but just like the stock above this will eventually see new highs. This is just a mid term topping pattern playing out. The RSI is at a ridiculous level of 95.29. Now I wouldn't short this stock as I never short strength, but if you aren't taking your profits you are just plain greedy.


Century Aluminum Company - Earnings Surprise | FindTheBest

August tradewithZEN'S trading results are in. We went 10 for 10 in closed trades. See all the past trades here.

Since inception of July 2013

  • 99 winners with avg gain being 6.09%
  • 23 losers with avg loss being 5.13%

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 - 2017 Econintersect LLC - all rights reserved