Watchlist for October 1, China Battery On Short Radar
BEE might be quick short scalp below 2.50 break. It is moving sideways BCRX up on positive news. Long above 9, with stop loss < 9. BLDP sold off heavily into the close. More selling possible if 2.50 taken out. CBAK is a short below 5.00, stop loss on > 5.00. Be cautious coz it [...]
Jabil, Reliance Steel Guides Higher, Big 5 Narrows Guidance
Jabil Circuit Guides Above Estimates Jabil Circuit Inc. (JBL) said it expects first quarter earnings of $0.24 to $0.32 per share on revenue of $3.0 billion to $3.20 billion. The current consensus earnings estimate is $0.18 per share on revenue of $2.85 billion for the quarter ending November 30, 2009. Reliance Steel Guides Above Estimates [...]
Trade Plan For September 29
AVSC – SHORT < 1.00 (WAIT FOR GREEN/RED MOVEMENT). HARD BORROW BEE – SHORT < 2.50 SL 2.80 BLDP – SHORT < 2.50 SL 2.60 CBAK – SHORT < 4.00 SL 4.10 CHIP – SHORT < 3.00 SL 3.10 CLFD – SHORT < 5.00 SL > 5.50 CNLG – SHORT ON RED. SL > 3.01 [...]