Small Cap Stock Picks Technical Analysis 7/20/08
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Small Cap Stock Pick #1
???? is setting up in a nice pattern now after it recently broke through resistance and is showing signs of support around $20/share as well as sitting on the 13/9 ma’s. Short term profit target for this stock is our next resistance point around 25.50. This is a very speculative wind energy stock that we’ve seen make huge moves before so hopefully we can catch round 2 here.
Cramers take:
A lack of supply for towers has the wind sector on fire, says Jim Cramer. A pure (but speculative : ????) play: Cramer thinks “this can be a gigantic, gigantic company.”
I want to go long this stock Monday.
Small Cap Stock Pick #2
Next stock we’re taking a look at lies within the speculative ethanol industry which rallied on UBS’s upgrade of this sector. ???? has been beaten down all year long from its highs near $10 and now resting at $2.21/share after Fridays breakout. I want to go long this stock on monday with a 1/2 position and buy the second 1/2 given the chance on a dip near $2/share
Small Cap Stock Pick #3
And Last but not least we’re taking another look at our current 1/2 position in ???? that we bought last week at 1.79. This stock chart is looking very strong right now and if price breaksout above $2/share i think we could see a strong short term move of 10-20%. I’m gonna go long the other 1/2 position in ???? on a move above $2/share.
Technical Analysis:







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