Epsilon http://www.epsilonfbd.com Financial and Business Development Fri, 19 Dec 2014 20:43:31 +0000 en-US hourly 1 December 22, 2014 http://www.epsilonfbd.com/2014/12/19/december-22-2014-2/ http://www.epsilonfbd.com/2014/12/19/december-22-2014-2/#comments Fri, 19 Dec 2014 20:40:23 +0000 Michael Lee http://www.epsilonfbd.com/?p=12727 more »]]> $SLV $AMZN $PPC

Precious metals have stabilized a bit over the past months and appear to be moving steadily upward. iShares Silver Trust (SLV), which tracks silver, is trading just above strong support at the $15.00 price level, offering a good entry point. Technical indicators suggest that upward momentum should continue. If SLV falls below support at $15.00 and doesn’t return within the session, I suggest exiting the position.

Buy SLV between $15.45and $15.48

Initial profit target @ 9% above purchase price

Protect from loss @ $15.00

also:

Amazon.com Inc. (AMZN) is trading just above very strong support at the $285.00 price level, potentially offering a good entry point. Fundamentally, the company is strong. Technical indicators suggest that the stock is oversold and ready for a bounce off of support. It AMZN falls below support at $285.00 and doesn’t return within the session, I suggest exiting the position.

Buy AMZN between $300.00 and $301.00

Initial profit target @ 8.5% above purchase price

Protect from loss @ $285.00

also:

Pilgrim’s Pride Corporation (PPC) recently surged above horizontal resistance at the $32.50 price level and is now likely to use this price as support. As the stock is trading just above this level, now may be a good time to enter the position. Fundamentally, the company is very strong. Technical indicators suggest that the stock is ready for an upward bounce. If PPC falls below support at $32.50 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy PPC between $33.00 and $33.75

Initial profit target @ 8% above purchase price

Protect from loss @ $32.50

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December 22, 2014 http://www.epsilonfbd.com/2014/12/19/december-22-2014/ http://www.epsilonfbd.com/2014/12/19/december-22-2014/#comments Fri, 19 Dec 2014 20:27:11 +0000 Michael Lee http://www.epsilonfbd.com/?p=12725 more »]]> $AMZN

Amazon.com Inc. (AMZN) is trading just above very strong support at the $285.00 price level, potentially offering a good entry point. Fundamentally, the company is strong. Technical indicators suggest that the stock is oversold and ready for a bounce off of support. If AMZN falls below support at $285.00 and doesn’t return within the session, I suggest exiting the position (or not entering initially).

Buy AMZN: Amazon.com Inc.

Profit target @ $355.00 or use a 6.5% trailing stop (see Strategy page)

Protect from loss @ $285.00 or use trailing stop (mentioned above)

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December 19, 2014 http://www.epsilonfbd.com/2014/12/18/december-19-2014/ http://www.epsilonfbd.com/2014/12/18/december-19-2014/#comments Thu, 18 Dec 2014 22:33:08 +0000 Michael Lee http://www.epsilonfbd.com/?p=12723 more »]]> $PPC

Pilgrim’s Pride Corporation (PPC) recently surged above horizontal resistance at the $32.50 price level and is now likely to use this price as support. As the stock is trading just above this level, now may be a good time to enter the position. Fundamentally, the company is very strong. Technical indicators suggest that the stock is ready for an upward bounce. If PPC falls below support at $32.50 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy PPC between $33.00 and $33.15

Initial profit target @ 9% above purchase price

Protect from loss @ $32.50

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December 18, 2014 http://www.epsilonfbd.com/2014/12/17/december-18-2014/ http://www.epsilonfbd.com/2014/12/17/december-18-2014/#comments Wed, 17 Dec 2014 20:31:50 +0000 Michael Lee http://www.epsilonfbd.com/?p=12720 more »]]> $PPC $BWC $EJ

Pilgrim’s Pride Corporation (PPC) recently surged above horizontal resistance at the $32.50 price level and is now likely to use this price as support. As the stock is trading just above this level, now may be a good time to enter the position. Fundamentally, the company is very strong. Technical indicators suggest that the stock is ready for an upward bounce. If PPC falls below support at $32.50 and doesn’t return within the session, I suggest exiting the position.

Buy PPC between $33.00 and $33.05

Initial profit target @ 9% above purchase price

Protect from loss @ $32.50

also:

The Babcock & Wilcox Company (BWC) is trading near support at the $28.00 price level, potentially offering a good entry point on a bounce. Fundamentally, the company is very strong. Technical indicators suggest that the stock is oversold and ready for a bounce off of support. If BWC falls below this support at $28.00 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy BWC between $28.15 and $28.16

Initial profit target @ 7% above purchase price

Protect from loss @ $28.00

also:

E-House (EJ) is trading near strong support at the $7.50 price level and could offer a good entry on a bounce. Fundamentally, the company is sound. Technical indicators are mixed but I suggest focusing on support with this trade. If EJ falls below support at $7.50 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy EJ between $7.88 and $7.89

Initial profit target @ 12% above purchase price

Protect from loss @ $7.50

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December 17, 2014 http://www.epsilonfbd.com/2014/12/16/december-17-2014/ http://www.epsilonfbd.com/2014/12/16/december-17-2014/#comments Tue, 16 Dec 2014 22:53:36 +0000 Michael Lee http://www.epsilonfbd.com/?p=12718 more »]]> $BWC $EJ

The Babcock & Wilcox Company (BWC) is trading near support at the $28.00 price level, potentially offering a good entry point on a bounce. Fundamentally, the company is very strong. Technical indicators suggest that the stock is oversold and ready for a bounce off of support. If BWC falls below this support at $28.00 and doesn’t return within the session, I suggest exiting the position.

Buy BWC between $28.15 and $28.16

Initial profit target @ 7% above purchase price

Protect from loss @ $28.00

also:

E-House (EJ) is trading near strong support at the $7.50 price level and could offer a good entry on a bounce. Fundamentally, the company is sound. Technical indicators are mixed but I suggest focusing on support with this trade. If EJ falls below support at $7.50 and doesn’t return within the session, I suggest exiting the position.

Buy EJ between $7.88 and $7.89

Initial profit target @ 12% above purchase price

Protect from loss @ $7.50

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December 16, 2014 http://www.epsilonfbd.com/2014/12/15/december-16-2014/ http://www.epsilonfbd.com/2014/12/15/december-16-2014/#comments Mon, 15 Dec 2014 21:16:03 +0000 Michael Lee http://www.epsilonfbd.com/?p=12716 more »]]> $PPC

Pilgrim’s Pride Corporation (PPC) is trading very near support at the $32.50 price level, potentially offering a good entry point on a bounce. Fundamentally, the company is very strong. Technical indicators are a bit mixed but I suggest focusing on support with this trade. If PPC falls below support at $32.50 and doesn’t return within the session I suggest exiting the position.

Buy PPC between $32.60 and $32.70

Initial profit target @ 10% above purchase price

Protect from loss @ $32.50

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December 15, 2014 http://www.epsilonfbd.com/2014/12/12/december-15-2014-2/ http://www.epsilonfbd.com/2014/12/12/december-15-2014-2/#comments Fri, 12 Dec 2014 21:31:39 +0000 Michael Lee http://www.epsilonfbd.com/?p=12712 I recommend staying in cash this week as the markets have been showing a bit of instability lately. ]]> http://www.epsilonfbd.com/2014/12/12/december-15-2014-2/feed/ 0 December 15, 2014 http://www.epsilonfbd.com/2014/12/12/december-15-2014/ http://www.epsilonfbd.com/2014/12/12/december-15-2014/#comments Fri, 12 Dec 2014 21:08:22 +0000 Michael Lee http://www.epsilonfbd.com/?p=12711 more »]]> $NOW

ServiceNow, Inc. (NOW) is trading just above S1 support at the $60.86 price level, potentially offering a good entry point on a bounce. Technical indicators suggest that the stock is significantly oversold and ready for a bounce off of support. If NOW falls below support at $60.86 and doesn’t return within the session I suggest exiting the position.

Reiterated: Buy NOW between $62.18 and $62.20

Initial profit target @ 8% above purchase price

Protect from loss @ $60.86

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December 12, 2014 http://www.epsilonfbd.com/2014/12/11/december-12-2014/ http://www.epsilonfbd.com/2014/12/11/december-12-2014/#comments Thu, 11 Dec 2014 21:56:39 +0000 Michael Lee http://www.epsilonfbd.com/?p=12709 more »]]> $AOL $ECL $NOW

AOL Inc. (AOL) is trading just above pivot point support at the $44.37 price level, potentially offering a good entry point. Fundamentally, the company is strong. Technical indicators suggest that the stock is likely to continue to consolidate and bounce off of support. If AOL falls below this support at $44.37 and doesn’t return within the session I suggest exiting the position.

Buy AOL between $44.95 and $45.00

Initial profit target @ 6.5% above purchase price

Protect from loss @ $44.37

also:

Ecolab Inc. (ECL) tends to bounce significantly after falling to, what has been used as, strong support at the $104.00 price level. As the stock is trading very near this level, now may be a good time to enter the position. Fundamentally, the company is very strong. Technical indicators suggest that the stock is poised for a bounce, as mentioned. If ECL falls below support at $104.00 and doesn’t return within the session I suggest exiting the position.

Buy ECL between $105.00 and $105.10

Initial profit target @ 6.5% above purchase price

Protect from loss @ $104.00

also:

ServiceNow, Inc. (NOW) is trading just above S1 support at the $60.86 price level, potentially offering a good entry point on a bounce. Technical indicators suggest that the stock is significantly oversold and ready for a bounce off of support. If NOW falls below support at $60.86 and doesn’t return within the session I suggest exiting the position.

Reiterated: Buy NOW between $62.18 and $62.20

Initial profit target @ 8% above purchase price

Protect from loss @ $60.86

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December 11, 2014 http://www.epsilonfbd.com/2014/12/10/december-11-2014/ http://www.epsilonfbd.com/2014/12/10/december-11-2014/#comments Wed, 10 Dec 2014 21:26:36 +0000 Michael Lee http://www.epsilonfbd.com/?p=12707 more »]]> $NOW

ServiceNow, Inc. (NOW) is trading just above S1 support at the $60.86 price level, potentially offering a good entry point on a bounce. Technical indicators suggest that the stock is significantly oversold and ready for a bounce off of support. If NOW falls below support at $60.86 and doesn’t return within the session I suggest exiting the position.

Reiterated: Buy NOW between $62.18 and $62.20

Initial profit target @ 8% above purchase price

Protect from loss @ $60.86

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