Mon 6 January
A surprising number of short trades in this week’s best stock picks.
GSS – Golden Star Resources
Multiple bottom and broken out of descending triangle pattern. Could be a good play if gold is bottoming
SBY – Silver Bay Realty Trust
Broken out of the downward channel convincingly. Long term upward move possible.
DRQ – Dril-Quip Inc
DRQ has taken out long term upward support and entered downward channel. Move back to $100 imminent.
CCF – Chase Corp
Overbought situation. Should return to the mean over the coming days.
KNL – Knoll Inc
KNL has hit the upper resistance and begun to turn back, should return to the bottom channel.