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
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  • Bought Some QCOR Today 0 comments
    Jan 6, 2012 3:12 PM | about stocks: MNK, PIR, SIRI

    I think this stock is forming a very constructive daily chart with a classic base on base pattern that William O’Neil would approve of. I normally shy away from pharma stocks, but this chart looks very promising that I couldn’t pass it up. If we fall through gap support I would likely exit, but it held today. My first target is near $42 where I will trim some of my position.

    Few other charts to watch:

    Stocks: MNK, PIR, SIRI
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