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Freddy is a college student, started his stock trading since 2008. He founded Protege Analytics, a blog which uses simple methods to find good stock and evaluate stock market. You can visit his blog Protege Analytics (
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  • Three Stock Picks to Cover Your Fear 24-Feb-2010 0 comments
    Feb 24, 2011 1:46 PM | about stocks: MTRN, ADSK, SNPS

    Hello trader the general markets fall for the third day as investors worry about oil price and about conflicts in Libya. I found these three stocks and I hope they could reduced your worry today. Here they are.

    The first stock is Brush Engineered Material Inc (NYSE:BW) which breaks above its cup without handle's resistance with high volume. The new 52 weeks high stock is supported by MACD (the fast line crosses above the slow line and the histogram goes up too) and parabolic SAR which starts appearing below the candlestick.


    The second and third hot stocks are Autodesk Inc (NASDAQ:ADSK) and Synopsys Inc (NASDAQ:SNPS). Both of them have a similar chart pattern and indicator supporters so I just share one of their chart. We can see that the stock price just rebounds from its bullish price channel's support and the candlestick is green today. Both of slow stochastic and MACD indicator are still in bearish area but I think they (the lagging indicators) would follow the price's direction immediately. Then we can set to sell the stock at around $46 (Autodesk Inc) and at around $29.50 (Synopsys Inc).


    Protege Analytics - Find Your Daily Stock Picks
    Stocks: MTRN, ADSK, SNPS
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