Monday, March 31, 2008

TOL- Toll brothers- Builder stocks- is it showing bottoming out?

Was just looking at Toll Brothers stock- TOL. Shows a nice resistance line around 24$ with an appealing inverted 'Head and Shoulders' pattern.

Toll Brothers, Inc. engages in designing, building, marketing, and arranging finance for single-family detached and attached homes in luxury residential communities in the United States. It also involves in building, or converting existing rental apartment buildings into high-, mid-, and low-rise luxury homes. The company serves move-up, empty-nester, active-adult, age-qualified, and second-home buyers in 22 states. In addition, Toll Brothers engages in the land development, architectural, engineering, mortgage, title, landscaping, lumber distribution, house component assembly, and manufacturing operations. Further, it develops, owns, and operates golf courses and country clubs associated with planned communities. As of October 31, 2007, the company operated 368 communities containing approximately 27,900 home sites that it owned or controlled through options. It also owned or controlled through options approximately 31,400 home sites in 239 proposed communities. Toll Brothers was founded in 1967 and is headquartered in Horsham, Pennsylvania.

Friday, March 28, 2008

ESI- ITT Education Services

ESI- ITT Education Services- which was recently as high as $130 has recently dropped to 45dollars range
Today ESI, ITT Education sevice has demonstrated a strong trend reversal signal- REVERSE BUY- a profit from prices signal.

This stock is a nice buy in the 43 to 45 dollar range with stoploss at 41.89 dollars.

"Delta Airline" DAL- Delta Airlines stock having REVERSE signal today

Delta Airlines stock along with NWA and AMR has staged nice trend reversal today. They were doing down and then suddenly strong buying interest emerged which lifted their prices to close in positive territory. This was surprise move as most market indices were going down same time.
Delta Airlines a good buy at the current level of$8.5 with a stoploss at $7.89.

Monday, March 24, 2008

BVF -a Good buy at today's close. + STP, SOLF

BVF- A strong REVERSE signal. Should be traded as a trend reversal signal

SOrry don't have SnagIt to capture the chart.

Similarly STP and SOLF seems to be showing JUMP START signal.