Jeff Pierce's  Instablog

Jeff Pierce
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I’m a swing trader of momentum stocks with a holding period of anywhere from a few hours to a few months. I run a number of screens to locate the strongest/weakest stocks out there, using technical analysis to determine my entries and exits. Trying to calculate the intrinsic value of stocks in... More
My company:
All About Trends
My blog:
zentrader.ca
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  • Look At This Stock - PRLB 0 comments
    Jun 29, 2013 11:00 PM | about stocks: PRLB

    I'm starting a new section, Look At This Stock, on zentrader that started out as a joke, but the more I thought of it the more I saw potential.

    This is a little bit on the light side for me when it comes to volume (500k adv), but other than that it has a lot going for it in a tough market environment. It's recent pullback to $58 was a solid buying opportunity and it's moved out of that very fast indicating something is up with this stock. This is not a time to chase with the markets still on a down timing signal, but keep your eyes on this when the market gets healthier.

    (click to enlarge)

    Stocks: PRLB
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