Epsilon http://www.epsilonfbd.com Financial and Business Development Fri, 29 May 2015 20:26:25 +0000 en-US hourly 1 June 1, 2015 http://www.epsilonfbd.com/2015/05/29/june-1-2015-2/ http://www.epsilonfbd.com/2015/05/29/june-1-2015-2/#comments Fri, 29 May 2015 20:26:25 +0000 http://www.epsilonfbd.com/?p=13127 more »]]> $CRR $XOM

CARBO Ceramics Inc. (CRR) recently broke above strong resistance at the $40.00 price level and is now likely to use this price as support moving forward. Fundamentally, the company, though small, is strong. Technical indicators suggest a further movement upward from its recent breakout. If CRR falls below support at $40.00 and doesn't return within the session, I suggest exiting the position.

Buy CRR between $43.00 and $43.25

Initial profit target @ 12% above purchase price

Protect from loss @ $40.00

also:

Exxon Mobil Corporation (XOM), like many oil stocks, has stumbled lately but appears to be consolidating near strong support at the $85.00 price level, potentially offering a good entry point. Fundamentally, the company is very strong. Technical indicators suggest that the stock is oversold and poised for a bounce off of support. If XOM falls below this support at $85.00 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy XOM between $85.50 and $85.60

Initial profit target @ 8% above purchase price

Protect from loss @ $85.00

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June 1, 2015 http://www.epsilonfbd.com/2015/05/29/june-1-2015/ http://www.epsilonfbd.com/2015/05/29/june-1-2015/#comments Fri, 29 May 2015 20:21:56 +0000 http://www.epsilonfbd.com/?p=13126 more »]]> $XOM $TCO $HP

Exxon Mobil Corporation (XOM), like many oil stocks, has stumbled lately but appears to be consolidating near strong support at the $85.00 price level, potentially offering a good entry point. Fundamentally, the company is very strong. Technical indicators suggest that the stock is oversold and poised for a bounce off of support. If XOM falls below this support at $85.00 and doesn’t return within the session, I suggest exiting the position (or not entering initially).

Buy XOM: Exxon Mobil Corporation

Profit target @ $92.00 or use a 6.5% trailing stop (see Strategy page)

Protect from loss @ $85.00 or use trailing stop (mentioned above)

also:

Taubman Centers, Inc. (TCO) has been skipping along strong support at the $73.00 price level for many months and is, once again, trading near this level, potentially offering a good entry point. Fundamentals and technical indicators for the stock are mixed but support looks very strong. If TCO falls back below this support at $73.00 and doesn’t return within the session, I suggest exiting the position (or not entering initially).

Reiterated: Buy TCO: Taubman Centers, Inc.

Profit target @ $82.00 or use a 6.5% trailing stop (see Strategy page)

Protect from loss @ $73.00 or use trailing stop (mentioned above)

also:

Helmerich & Payne, Inc. (HP) recently surged back above previous strong support at the $72.50 price level and is now trading near this level, potentially offering a good entry point. Fundamentally, the company is strong. Technical indicators, including a recent upward crossing of 20-day and 50-day moving averages, suggest that the stock is likely to continue its climb. If HP falls back below support at $72.50 and doesn’t return within the session, I suggest exiting the position (or not entering initially).

Reiterated: Buy HP: Helmerich & Payne, Inc.

Profit target @ $100.00 or use a 7% trailing stop (see Strategy page)

Protect from loss @ $72.00 or use trailing stop (mentioned above)

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May 29, 2015 http://www.epsilonfbd.com/2015/05/28/may-29-2015/ http://www.epsilonfbd.com/2015/05/28/may-29-2015/#comments Thu, 28 May 2015 21:15:11 +0000 http://www.epsilonfbd.com/?p=13124 more »]]> $XOM $ITW

Exxon Mobil Corporation (XOM), like many oil stocks, has stumbled lately but appears to be consolidating near strong support at the $85.00 price level, potentially offering a good entry point. Fundamentally, the company is very strong. Technical indicators suggest that the stock is oversold and poised for a bounce off of support. If XOM falls below this support at $85.00 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy XOM between $85.50 and $85.60

Initial profit target @ 8% above purchase price

Protect from loss @ $85.00

also:

Illinois Tool Works Inc. (ITW) is trading near very strong support at the $95.00 price level, offering a good entry point. Fundamentally, the company is strong. Technical indicators suggest that the stock is oversold and ready for a bounce. If ITW falls back below support at $95.00 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy ITW between $96.00 and $96.30

Initial profit target @ 8% above purchase price

Protect from loss @ $95.00

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May 28, 2015 http://www.epsilonfbd.com/2015/05/27/may-28-2015/ http://www.epsilonfbd.com/2015/05/27/may-28-2015/#comments Wed, 27 May 2015 19:59:02 +0000 http://www.epsilonfbd.com/?p=13122 more »]]> $XOM $ITW

Exxon Mobil Corporation (XOM), like many oil stocks, has stumbled lately but appears to be consolidating near strong support at the $85.00 price level, potentially offering a good entry point. Fundamentally, the company is very strong. Technical indicators suggest that the stock is oversold and poised for a bounce off of support. If XOM falls below this support at $85.00 and doesn't return within the session, I suggest exiting the position.

Buy XOM between $85.50 and $85.60

Initial profit target @ 8% above purchase price

Protect from loss @ $85.00

also:

Illinois Tool Works Inc. (ITW) is trading near very strong support at the $95.00 price level, offering a good entry point. Fundamentally, the company is strong. Technical indicators suggest that the stock is oversold and ready for a bounce. If ITW falls back below support at $95.00 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy ITW between $96.00 and $96.30

Initial profit target @ 8% above purchase price

Protect from loss @ $95.00

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May 27, 2015 http://www.epsilonfbd.com/2015/05/26/may-27-2015/ http://www.epsilonfbd.com/2015/05/26/may-27-2015/#comments Tue, 26 May 2015 23:15:15 +0000 http://www.epsilonfbd.com/?p=13120 more »]]> $ITW

Illinois Tool Works Inc. (ITW) is trading near very strong support at the $95.00 price level, offering a good entry point. Fundamentally, the company is strong. Technical indicators suggest that the stock is oversold and ready for a bounce. If ITW falls back below support at $95.00 and doesn’t return within the session, I suggest exiting the position.

Buy ITW between $95.80 and $95.90

Initial profit target @ 8% above purchase price

Protect from loss @ $95.00

 

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May 26, 2015 http://www.epsilonfbd.com/2015/05/22/may-26-2015-2/ http://www.epsilonfbd.com/2015/05/22/may-26-2015-2/#comments Fri, 22 May 2015 19:31:04 +0000 http://www.epsilonfbd.com/?p=13116 more »]]> $CRR $CNQ

CARBO Ceramics Inc. (CRR) has been trading in a very cyclical pattern over the past few months and has just recently broken above strong resistance at the $40.00 price level. As the stock is currently trading just above this level, now may be a good time to enter the positon. Fundamentally, the company leaves a bit to be desired but technical indicators suggest that the stock, with new-found momentum, is likely to continue its climb. If CRR falls back below the $40.00 price level and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy CRR between $41.00 and $41.05

Initial profit target @ 15% above purchase price

Protect from loss @ $40.00

also:

Canadian Natural Resources Limited (CNQ) recently surged back above strong support at the $31.00 price level and is now, once again, trading just above this level, potentially offering a good entry point. Fundamentally, the company is strong. Technical indicators suggest that the typically cyclical stock is oversold and ready for an upward correction. If CNQ falls back below support at $31.00 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy CNQ between $31.20 and $31.80

Initial profit target @ 10% above purchase price

Protect from loss @ $31.00

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May 26, 2015 http://www.epsilonfbd.com/2015/05/22/may-26-2015/ http://www.epsilonfbd.com/2015/05/22/may-26-2015/#comments Fri, 22 May 2015 19:29:00 +0000 http://www.epsilonfbd.com/?p=13115 more »]]> $TCO $CNQ $HP

Taubman Centers, Inc. (TCO) has been skipping along strong support at the $73.00 price level for many months and is, once again, trading near this level, potentially offering a good entry point. Fundamentals and technical indicators for the stock are mixed but support looks very strong. If TCO falls back below this support at $73.00 and doesn't return within the session, I suggest exiting the position (or not entering initially).

Buy TCO: Taubman Centers, Inc.

Profit target @ $82.00 or use a 6.5% trailing stop (see Strategy page)

Protect from loss @ $73.00 or use trailing stop (mentioned above)

also:

Canadian Natural Resources Limited (CNQ) recently surged back above strong support at the $31.00 price level and is now, once again, trading just above this level, potentially offering a good entry point. Fundamentally, the company is strong. Technical indicators suggest that the typically cyclical stock is oversold and ready for an upward correction. If CNQ falls back below support at $31.00 and doesn’t return within the session, I suggest exiting the position (or not entering initially).

Reiterated: Buy CNQ: Canadian Natural Resources Limited

Profit target @ $37.50 or use a 6.5% trailing stop (see Strategy page)

Protect from loss @ $31.00 or use trailing stop (mentioned above)

also:

Helmerich & Payne, Inc. (HP) recently surged back above previous strong support at the $72.50 price level and is now trading near this level, potentially offering a good entry point. Fundamentally, the company is strong. Technical indicators, including a recent upward crossing of 20-day and 50-day moving averages, suggest that the stock is likely to continue its climb. If HP falls back below support at $72.50 and doesn’t return within the session, I suggest exiting the position (or not entering initially).

Reiterated: Buy HP: Helmerich & Payne, Inc.

Profit target @ $100.00 or use a 7% trailing stop (see Strategy page)

Protect from loss @ $72.00 or use trailing stop (mentioned above)

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May 22, 2015 http://www.epsilonfbd.com/2015/05/21/may-22-2015/ http://www.epsilonfbd.com/2015/05/21/may-22-2015/#comments Thu, 21 May 2015 20:47:36 +0000 http://www.epsilonfbd.com/?p=13113 more »]]> $CRR $CNQ

CARBO Ceramics Inc. (CRR) has been trading in a very cyclical pattern over the past few months and has just recently broken above strong resistance at the $40.00 price level. As the stock is currently trading just above this level, now may be a good time to enter the positon. Fundamentally, the company leaves a bit to be desired but technical indicators suggest that the stock, with new-found momentum, is likely to continue its climb. If CRR falls back below the $40.00 price level and doesn't return within the session, I suggest exiting the position.

Buy CRR between $41.00 and $41.05

Initial profit target @ 15% above purchase price

Protect from loss @ $40.00

also:

Canadian Natural Resources Limited (CNQ) recently surged back above strong support at the $31.00 price level and is now, once again, trading just above this level, potentially offering a good entry point. Fundamentally, the company is strong. Technical indicators suggest that the typically cyclical stock is oversold and ready for an upward correction. If CNQ falls back below support at $31.00 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy CNQ between $31.20 and $31.80

Initial profit target @ 10% above purchase price

Protect from loss @ $31.00

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May 21, 2015 http://www.epsilonfbd.com/2015/05/20/may-21-2015/ http://www.epsilonfbd.com/2015/05/20/may-21-2015/#comments Wed, 20 May 2015 20:25:03 +0000 http://www.epsilonfbd.com/?p=13111 more »]]> $CNQ $HOS

Canadian Natural Resources Limited (CNQ) recently surged back above strong support at the $31.00 price level and is now, once again, trading just above this level, potentially offering a good entry point. Fundamentally, the company is strong. Technical indicators suggest that the typically cyclical stock is oversold and ready for an upward correction. If CNQ falls back below support at $31.00 and doesn’t return within the session, I suggest exiting the position.

Buy CNQ between $31.20 and $31.30

Initial profit target @ 10% above purchase price

Protect from loss @ $31.00

also:

Hornbeck Offshore Services, Inc. (HOS) is trading just above pivot point support at the $22.24 price level, potentially offering a good entry point. Fundamentally, the company is very strong. Technical indicators suggest that the stock is slightly oversold and ready for a bounce. If HOS falls below pivot point support at $22.24 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy HOS between $23.00 and $23.05

Initial profit target @ 12% above purchase price

Protect from loss @ $22.24

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May 20, 2015 http://www.epsilonfbd.com/2015/05/19/may-20-2015/ http://www.epsilonfbd.com/2015/05/19/may-20-2015/#comments Tue, 19 May 2015 20:14:22 +0000 http://www.epsilonfbd.com/?p=13108 more »]]> $HOS

Hornbeck Offshore Services, Inc. (HOS) is trading just above pivot point support at the $22.24 price level, potentially offering a good entry point. Fundamentally, the company is very strong. Technical indicators suggest that the stock is slightly oversold and ready for a bounce. If HOS falls below pivot point support at $22.24 and doesn't return within the session, I suggest exiting the position.

Buy HOS between $22.60 and $22.70

Initial profit target @ 14% above purchase price

Protect from loss @ $22.24

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