"No man can become rich without himself enriching others"
Andrew Carnegie



Friday, May 20, 2011

The Hot Stock Picks for Today

Hello my dear friends. Today I am very happy because my daughter is with us at home, having started their summer vacations. She studied  "objects design" at SAIC (School of the Art Institute of Chicago), which is the same university where Walt Disney studiedShe will stay with us through August and probably go together (my wife, my daughter,my son and me) on vacation in July. But now we are having a great time the four at home.
Today I want to introduce a company called Nevsun Rsources Ltd. (NSU) wich produces gold... yes, gold. If you think I am crazy, let me tell you, there are some characteristics of this stock and would like to share with you. First, it seems to be forming a double bottom (March and May). Second, it has successfully test twice SMA200. Third, is forming apositive pattern MACD (see histogram on the chart). And fourth, my favorite indicatorMoney Stream  crossover SMA22 in different time frames. If this behavior continues for the next few weeks, this stock would be in a position to restart animportant way up.

via StockCharts.com
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