Update: AKAM, EJ, NYX, FMCN, VGZ
Posted on November 4th, 2007 in Stock Market | Comments Off
Stopped out of EJ at $33.01 for a +24% profit (entered at $26.55) in less than 2 weeks. I’ll wait for this to pull back to $28-29.
AKAM is still looking good (original entry at $37.70) price is just consolidating and volume is lighten up which is positive. This needs to break above $40 in the next 2-3 trading days.
NYX went down sharply the last 2 days but volume was still low. If it breaks past $88 it will show signs of weakness then I’m out.
FMCN entered on 10/31 at $60.50, currently up +7.7%. I should have entered on 10/26 when it bounced off the EMA9 and EMA21 which I really like to see.

VGZ entered on 10/26 at $6.60 riding the gold play here. It broke the major down channel with huge up volume, sign to buy!I have been riding this up for the last 5 trading days to a profit of +12.1%. All the technicals are very strong but it’s hitting the upper sub channel line so I must watch with caution.

