On November 11, 2010 Cisco gaped down from $24.50 to $20.25 overnight after it announced its quarterly earnings. It climbed up to $22.05 by February 9, 2011 and gaped down again next day to $18.86 after it released its earnings. Since then this stock has been down trending and traded to its 52 week low of $16.52 on April 19, 2011. Currently it is trading at $17.52 way below its 200 moving average and with last four positive days, I think it's about to swing to uptrend. If it does start an … [Read more...]

If you would have invested in NOG on May 25, 2010 when this stock was trading at $11.72, you would have made about 22 dollars per share, in less than a year. On March 7, 2011 it touched $33.98 before it started a downtrend, and is currently trading at $25.92. If you missed the boat back then, I think it is time again to make some money trading this stock. Take a look at its daily candlestick chart below, you will notice that it touched Support line 1 of $23.46 three times in last four months, … [Read more...]

I posted an article on March 18, 2011 “Get Ready To Buy Expedia (EXPE)" at the time when Expedia was trading at $21.32. As per my plan, I bought 300 shares of EXPE on March 30, 2011 at $22.41 and sold all 300 shares at $25.40 on April 8, 2011. In this trade I made $897.00 which comes down to about $2.99 per share. Even though there is a potential, that this stock might go up to $27.00, I got out to secure profit already made. Like to know if any one made any money on this trade, please leave … [Read more...]