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TraderHR was founded in April 2004 by technical analyst and trader Sinisa Persich. The site is a destination point for traders around the world who use its daily, small-cap, swing trade set-ups to yield profits in both up and down markets. Persich, who is 28 years old with a B.A. in electrical... More
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  • My Free Stock Pick for Mon Nov 15 th 2010
    Infinera Corp. (NASDAQ:INFN) shares plummeted 35% on October 19 after the company lowered guidance for the fourth quarter. Since then the stock has formed a bear flag whose lower trend line was broken on Friday, which is a very good short signal.

    An overall market correction, which I think will continue this coming week, could help move INFN towards the 7.30-7.00 zone, which is our target range. Preferred entry (sell stop) price is at 8.05, with a stop loss at 8.45.




    Disclosure: INFN short
    Tags: INFN
    Nov 14 6:56 PM | Link | Comment!
  • Free Stock Pick for Tue Nov 9th 2010

    IDT Corporation (NYSE:IDT) gapped up today on positive news from the company and finished the session up nearly 13% on the heaviest volume since July. Watch for a break above the upper trend line of its 4-month bullish flag.

    My first target is around $19.50, but don't be surprised if you see a break above the multi-year high at 19.70 and a move towards the highs from 2003 at around 22.00. Preferred entry (buy stop) price would be 17.90, with a stop at 16.40.



    Tags: IDT
    Nov 08 7:51 PM | Link | Comment!
  • Free Stock Pick for Mon Nov 8th 2010


     

    Sonic Solutions (SNIC), after a big price-volume surge in late September, pulled back a little last month, creating an ascending triangle pattern. The trendline of the top of that triangle was broken on Friday, as the stock jumped 6% on the heaviest volume in the last 15 days.

    This is a very good sign for a continuation of the trend, and I am looking for a multi-year high breakout above 14.00. Preferred entry price is 12.90 with a stop at 12.20. Please note that the stock is announcing earnings on Tuesday after market close.
     

     

    Tags: SNIC
    Nov 07 11:49 AM | Link | Comment!
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