Stock Picking

2012-02-23T20:11:00.002+01:00

test

Brent crude oil... set to test his high

2012-02-22T21:54:00.000+01:00

In the near term, I expect the rally to continue for the Brent.

For a longer term it is more difficult, two case scenarios:

Plan A: While the bullish trend hold, I expect to test the highs at 153 USD. This level should hold or if it breaks I will probably be a very violent move.
Plan B: after a few weeks of highs, the rally may stop and break the trading range chanel

I prefer the Plan A for now and I keep watching the lower line of the chanel to change to Plan B

GOLD Alert...

2012-02-22T20:05:00.003+01:00

The resistance is breaking... watch my previous analysis on GOLD. The trading plan A is on the way...

Previous analysis on GOLD

I stay away from ADBN for now

2012-02-22T19:32:00.000+01:00

ADVANCED DIGITAL may look interesting for investors but be carefull. I feel that it is too early to enter on the stock.

The only positive indication is that prices are above the 50 and 100 moving average.

This not enough for me to enter. Too much uncertainty

I would need more BUY signal from the MACD or STOCHASTIC and/or that the prices break the first important resistance now on 12,50 level.

I think the stock will consolidate more on the actual level or even go lower.

Keep watching...

ROCHE has stop the bull trend

2012-02-21T21:09:00.001+01:00

With the recent break of 154,80 CHF, ROCHE has stopped his bull trend. I expect the stock to return around the 125,00 level. The confirmation of this scenario will be anounce with the MACD sell signal and the slow STOCHASTIC sell signal. (watch the chart)

This scenario will be canceled if prices return above 166,50 only.

Nestle, weekly chart

2012-02-21T19:47:00.000+01:00

Nestle is about to test an important resistance on the 56,90 CHF level. If prices makes the break it could open the way to test the hights.

Prices are above the 50, 100 and 200 moving average.
MACD is about to give a buy signal if it stay positive at the end of the week.

I feel very positive about NESN... :)

GOLD, are you bullish or bearish ?

2012-02-20T23:38:00.000+01:00

The GOLD, XAUUSD, will probably test his resistance for further gain.

Two scenario are possible:

1) Resistance on level 1762,00 USD and resistance on level 1802,00 USD break. My target would be the 2065,00 USD region

2) Both resitance above, resist then the target would be the 1558,00 region

My preference is the first scenario with the target on 2065,00 USD. Why ?...
1) Prices are above the 50, 100 and 200 moving average
2) Trend is UP
3) Still too much problem with Iran, Greece, Europe
4) French and US election this year

UBS target 15,00

2012-02-19T19:49:00.001+01:00

While the support in the 12,35 region hold, UBS is set to reach the 15,00 level. The daily trend line has turned bullish since the break of 11,70. The price is over the 50, 100 and 200 moving average. All sounds good for now... :)

APPLE touch the sky

2012-02-19T19:21:00.000+01:00

How long can Apple go ? Personaly I have no idea about this question, but I have carefully notice the GAP open in january of this year. For shure, this level will be reached sooner or later, but i have no idea about the timing.

I own some Apple stock and i keep them carefully for now. But i would not recommend to buy the stock right now even if the trend is still bullish. I would prefer to wait the return in the 420,00 region before adding some stock.

LIFE still some fuel for profit

2012-02-19T16:52:00.001+01:00

If the actual rally continue, Lifewatch should be able to reach the 9,00 10.20 region in the next 6th month.

Next level to watch: region around 7.25