What to and what not to do

April 15th, 2008 | Categorized in Financial Markets

A couple picks to please your fix, and one that could just crush you.

Anadarko Petroleum – APC

Has seen some great movement. I would like to buy this on any weakness, with target of $66. Entry point should be about $63.50.

APC 041408

Airgas – ARG

If the stock passes over its resistance of $47.20, then I would like to buy it. Price target is $48.40, although it could go higher depending on how the movement goes.

ARG 041408

Nucor- NUE

This stock has experienced crazy jumps, and it doesn’t seem like this pattern will cool down. I like this stock if it comes down to $67, with a price target of $71.

NUE 041408

Google – GOOG

I believe this stock is reporting on Thursday. It probably will have to be amazing for it to matter. In the chart I see a head and shoulder reversal, which could lead to a potential 30 point drop. The 52 week low is $412, so it will be interesting to see how things work out. To many bad things to entice my money.

GOOG 041408

There you have it. Lets make some money.

More on this topic (What's this?)
Airgas Inc. (NYSE: ARG): This Company’s on Fire… (Investment U, 11/5/08)
Anadarko Petroleum Sees Itself as Undervalued (The Razor's Edge, 8/26/08)
A Better Book? Not With Analysis Like This! (The Economic Deficit Disorder, 2/13/09)
Read more on Airgas, Anadarko Petroleum at Wikinvest

Filed Under: Financial Markets

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  1. Airgas flying at new altitudes?

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