Small Cap Stock Picks Technical Analysis : 8/26/08
August 26th, 2008 by Cameron FousTo Find out what these stocks are, receive real time buy alerts, and get our daily newsletter. SIGN UP FOR A FREE 14 DAY TRIAL TO BLACK SERVICE!!
Small Cap Stock Pick #1
???? has been dragged down like most stocks in 08 yet looks to showing some stabilization as of late with todays 8% rally. Fundamentally this stock looks really strong with nearly 100% eps growth forcasted for 09′ and a future fair value of $19.68 given the 1.23 estimates and industry average 17x P/E compared to todays closing price of 9.56 making this stock look very attractive at these prices.
In early august price action took a big hit on a gap down but has stabilized in short term uptrend. Todays move sparked some strong momentum for the bulls leading me to believe this stock has a chance of filling that gap in the lower 11’s. I went long at 9.58
Small Cap Stock Pick #2
??? has also taken a dramatic beating in 08′ and is near its all time lows. This is mainly a technical play here for me as price formed a bullish hammer candle in todays session after hitting all time lows. I think its very possible to see a quick 5-10% move from here or more for us to rake in a few points on a short term trade. i went long at 1.23.
Technical Analysis:
Small Cap Stock Pick #3
No position has been placed in this trade but i really like the setup of the chart on this one. If price breaksout above 11.03 i want to go long on a position here.
Tags: small cap, stock picks, Technical Analysis






