Thursday, September 23, 2010

Chart of the Day

Today's Chart of the Day is GSM. Infact, this was presented in this section even last week when it was around 12.50 and as one can see, it has a made a big move up since. Congrats to all those who caught it! I like the way it is flagging here on low volume since the move up. One thing I would like to point out is that its a low volume stock, so if you do decide to play it, I would suggest scaling in rather than taking the entire position at once.

I also like JASO and NEP heading into tomorrow. In case you missed it, here is my review of today's market action and strategy for tomorrow.

Take care and good luck!

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