Wednesday, July 7, 2010

Another interesting leader...

LCAPA is another stock with a very nice chart. The fundamentals are not as good as that of CRME but the chart is just as good if not better. I took a half position in LCAPA earlier this morning and now the stock closed up 4.29% today. I still believe that the stock is buyable. In fact, I am looking to add to LCAPA when it breaks past the pivot line shown in the chart below:

CRME my other position did not really move but it still looks good. The markets moved up beautifully and so I have no reason to sell my positions like I had done with SNDK. So far so good.

Good luck and good trading!

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