Forming a symmetrical triangle with earning out this week. I'm looking for strength ahead of earnings. Looking to buy below $110 with a stop loss around 107.50. First target would be 115.
Hi Stockjock,
Who issued the upgrade? Cannot find it. . .?
Dejardin (?) out of Canada.
Im eyeing POT around the $100 level. Its been a long time since I played anything to the long side, but if the markets continue to sell off and POT holds the $100 area, Ill start to nibble.
... more interested in the lower 90's, maybe high $80's.
In addition to POT price helping to define interest in an entry, the deflationary pressure on commodities is another factor to consider. With gold, oil, NG, and many other commodity prices retreating, a turn of that tide would also be a potential buy signal for the commodity sector members.