Free stock picks for 11/22/2010

Free stock picks for 11/22/2010

LONG:

APD

Fundamental

Shares are under heavy accumulation by financial institutions. It is positive for large companies like APD. One or more analysts have modestly increased quarterly earnings estimates for APD. Relative price change and consistency is very high

Technical

APD forming nice intraday consolidation what result with continuation pattern on daily time frame. I’m interested for break up and run to previous daily high. Fits idea is day trade and we will see after intraday action.

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MHP

Fundamental

Earnings growth in the past year has accelerated moderately compared to earnings growth in the past three years. Relative price change and consistency is very high. The price-to-earnings multiple is lower than average.

Technical

After strong weekly upside move MHP pulled back to daily 50sma support area and formed small range pivot bar. I will look for bounce from support area in to 10-20sma resistance.

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ETN

Fundamental

Earnings growth in the past year has accelerated rapidly compared to earnings growth in the past three years. Shares are neither being accumulated heavily nor sold heavily by financial institutions.

Technical

ATN consolidate at high on smaller time frames like (5/15/30 min) and I will look for buying continuation. I believe that ETN can see $100 target area and for now (depends on pace) I will use it. All updates will be in the room.

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SHORT:

ACN

Fundamental

Technical

After strong weekly move up CAN correction started and right now forming daily bear flag. I’m interested for short under 50sma support area and my interest will stay alive if CAN will stay under daily 20sma.

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Watch ideas:

Long ideas:

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Short ideas:

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Several traders ask me about my style and what I’m looking for. Here are few words about that with some fresh trading examples. Also you can find explanation with charts at: http://www.xpertstocktrader.com/index.php?option=com_content&view=article&id=389&Itemid=71

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If you have any questions, please feel free to contact me.

Good luck trading today!!!!

Ivica Juracic

www.xpertstocktrader.com

http://xpertstocktrader.blogspot.com/