Friday, June 3, 2011

Bollinger Bands--Bullish Breakouts--Week 2, Day 1

Here are my picks for June 6.

The strategy criteria (slightly modified from Week 1):
  • Diverging upper and lower bollinger bands
  • Price hugging upper bollinger band
  • Simple Moving Average upward trend
  • Already past an earnings report
  • Increased volume (a plus, not a requirement)
  • No past eratic jumps or plummets in price in the past year
Here goes another go!


Stock
Purchase Price
Stop Limit
Price Target
QTM
3.30
2.31
3.52
AGEN
1.00
0.94
1.07
OCN
12.40
12.02
13.25
FXE
145.00
142
150
SM
69.50
67.41
74

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