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Wang's Happy Trading Daily Posts

Sunday, March 25, 2007

Some Stocks That I'm Looking At: VCLK, NYX, ATI, FXC, EQIX

VCLK had a good day on Thursday last week and it looked like it could make a run to break out. But, on Friday, it pretty much gave back the gains.
The BBs are closing in, and Friday's volume made it look like someone is trying to keep it within the BBs a little longer. At this point, it'll have to go above about 27.5-28 to go anywhere.

The metals sector are still strong. Last week, it looks like "they" are determined to drive this sector even higher. The big names are taking turns to have big "green" days. ATI had a bit of "rest" on Friday. It is in a position to break out for a new high next week! It's upper BB is within reach. Its 20-day MA is almost above the 30-day MA. And, the MACD is going up nicely.

NYX hasn't been doing much for a while. The drama between CME/ICE/BOT have created some uncertainties and choppiness in this sector. But, it might be ready for a move. If NYX breaks 90, it would probably have caught the upper BB and just ride it higher. Its 10-day MA just crossed above the 20-day MA; and, the 20-day MA is flattening.

Cramer is pumping this stock up. And, Friday's volume makes it a little hard to ignore!Friday's volume is about 5 times the average volume. 5 times!! Although it opened lower, it came back into the green and closed above the 61.9 resistance. It might just make a good jump and catch the upper BB for a breakout run!

EQIX has been running all week. It finally took a small rest on Friday, and, it still closed green!
It has caught the upper BB and may very well be ready to make a breakout next week!

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