Epsilon http://www.epsilonfbd.com Financial and Business Development Tue, 30 Sep 2014 20:14:21 +0000 en-US hourly 1 October 1, 2014 http://www.epsilonfbd.com/2014/09/30/october-1-2014/ http://www.epsilonfbd.com/2014/09/30/october-1-2014/#comments Tue, 30 Sep 2014 20:12:46 +0000 Michael Lee http://www.epsilonfbd.com/?p=12543 more »]]> $CVC $DAL

Cablevision Systems Corporation (CVC) is trading just above support at the $17.50 price level, potentially offering a good entry point. Fundamentally, the company is sound. Technical indicators suggest that the stock is oversold and ready for a correction to the upside. If CVC falls below support at $17.50 and doesn’t return within the session I suggest exiting the position.

Buy CVC between $17.71 and $17.72

Initial profit target @ 6.5% above purchase price

Protect from loss @ $17.50

also:

Delta Air Lines, Inc. (DAL) is trading just above horizontal support at the $36.00 price level as well as its S1 support level at $35.86, potentially offering a good entry point. Fundamentally, the company is strong and undervalued. Technical indicators suggest the same as well as a likelihood of a coming bounce off of support. If DAL falls below horizontal support at $36.00 and doesn’t return within the session I suggest exiting the position.

Reiterated: Buy DAL between $36.36 and $36.38

Initial profit target @ 8.5% above purchase price

Protect from loss @ $36.00

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September 30, 2014 http://www.epsilonfbd.com/2014/09/29/september-30-2014/ http://www.epsilonfbd.com/2014/09/29/september-30-2014/#comments Tue, 30 Sep 2014 00:14:27 +0000 Michael Lee http://www.epsilonfbd.com/?p=12541 more »]]> $DAL $NUGT $SSRI

Delta Air Lines, Inc. (DAL) is trading just above horizontal support at the $36.00 price level as well as its S1 support level at $35.86, potentially offering a good entry point. Fundamentally, the company is strong and undervalued. Technical indicators suggest the same as well as a likelihood of a coming bounce off of support. If DAL falls below horizontal support at $36.00 and doesn’t return within the session I suggest exiting the position.

Buy DAL between $36.36 and $36.38

Initial profit target @ 8.5% above purchase price

Protect from loss @ $36.00

also:

Direxion Daily Gold Miners Bull 3X ETF (NUGT) is trading just above support at the $25.00 price level, potentially offering a good entry point. As this is a 3x leveraged gold miner ETF, its price should rise with a rise in gold prices. And as gold appears to be poised for an upward correction, this seems likely. Also, technical indicators suggest that both gold and NUGT are oversold and ready for a bounce. If NUGT falls below support at $25.00 and doesn’t return within the session I suggest exiting the position.

Reiterated: Buy NUGT between $25.75 and $25.80

Initial profit target @ 10% above purchase price

Protect from loss @ $25.00

also:

Silver Standard Resources Inc. (SSRI) is trading just above support at the $6.40 price level, potentially offering a good entry point. As this is a silver mining company, it is very likely to climb if/when the price of silver begins to rebound. As silver looks to be poised for a bounce, this could be a very likely scenario in coming sessions. Also, technical indicators for SSRI suggest that the stock is significantly oversold and ready for a correction. If SSRI falls below support at $6.40 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy SSRI between $6.62 and $6.64

Initial profit target @ 9% above purchase price

Protect from loss @ $6.40

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September 29, 2014 http://www.epsilonfbd.com/2014/09/26/september-29-2014-2/ http://www.epsilonfbd.com/2014/09/26/september-29-2014-2/#comments Fri, 26 Sep 2014 20:24:35 +0000 Michael Lee http://www.epsilonfbd.com/?p=12537 more »]]> $CVC $NUGT $SSRI

Cablevision Systems Corporation (CVC) is trading just above strong support at the $17.75 price level, potentially offering a good entry point. Fundamentally, the company is sound. Technical indicators suggest that the stock is oversold and ready for a bounce off of support. If CVC falls below support at $17.75 and doesn’t return within the session I suggest exiting the position.

Buy CVC between $17.90 and $17.91

Initial profit target @ 7% above purchase price

Protect from loss @ $17.75

also:

Direxion Daily Gold Miners Bull 3X ETF (NUGT) is trading just above support at the $25.00 price level, potentially offering a good entry point. As this is a 3x leveraged gold miner ETF, its price should rise with a rise in gold prices. And as gold appears to be poised for an upward correction, this seems likely. Also, technical indicators suggest that both gold and NUGT are oversold and ready for a bounce. If NUGT falls below support at $25.00 and doesn’t return within the session I suggest exiting the position.

Reiterated: Buy NUGT between $26.00 and $26.05

Initial profit target @ 10% above purchase price

Protect from loss @ $25.00

also:

Silver Standard Resources Inc. (SSRI) is trading just above support at the $6.40 price level, potentially offering a good entry point. As this is a silver mining company, it is very likely to climb if/when the price of silver begins to rebound. As silver looks to be poised for a bounce, this could be a very likely scenario in coming sessions. Also, technical indicators for SSRI suggest that the stock is significantly oversold and ready for a correction. If SSRI falls below support at $6.40 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy SSRI between $6.62 and $6.64

Initial profit target @ 9% above purchase price

Protect from loss @ $6.40

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September 29, 2014 http://www.epsilonfbd.com/2014/09/26/september-29-2014/ http://www.epsilonfbd.com/2014/09/26/september-29-2014/#comments Fri, 26 Sep 2014 20:09:27 +0000 Michael Lee http://www.epsilonfbd.com/?p=12535 more »]]> $BPOP

Popular, Inc. (BPOP) is trading just above strong support at the $29.00 price level, offering a good entry point. Fundamentally, the company is strong and somewhat undervalued. Technical indicators suggest the same. If BPOP falls below support at $29.00 and doesn’t return within a couple sessions, I suggest exiting the position (or not entering initially).

Buy BPOP: Popular, Inc.

Profit target @ $34.00 or use a 6.5% trailing stop (see Strategy page)

Protect from loss @ $29.00 or use trailing stop (mentioned above)

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September 26, 2014 http://www.epsilonfbd.com/2014/09/25/september-26-2014/ http://www.epsilonfbd.com/2014/09/25/september-26-2014/#comments Thu, 25 Sep 2014 21:06:51 +0000 Michael Lee http://www.epsilonfbd.com/?p=12533 more »]]> $NUGT $SSRI

Direxion Daily Gold Miners Bull 3X ETF (NUGT) is trading just above support at the $25.00 price level, potentially offering a good entry point. As this is a 3x leveraged gold miner ETF, its price should rise with a rise in gold prices. And as gold appears to be poised for an upward correction, this seems likely. Also, technical indicators suggest that both gold and NUGT are oversold and ready for a bounce. If NUGT falls below support at $25.00 and doesn’t return within the session I suggest exiting the position.

Buy NUGT between $26.45 and $26.50

Initial profit target @ 9% above purchase price

Protect from loss @ $25.00

also:

Silver Standard Resources Inc. (SSRI) is trading just above support at the $6.40 price level, potentially offering a good entry point. As this is a silver mining company, it is very likely to climb if/when the price of silver begins to rebound. As silver looks to be poised for a bounce, this could be a very likely scenario in coming sessions. Also, technical indicators for SSRI suggest that the stock is significantly oversold and ready for a correction. If SSRI falls below support at $6.40 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy SSRI between $6.62 and $6.64

Initial profit target @ 9% above purchase price

Protect from loss @ $6.40

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September 25, 2014 http://www.epsilonfbd.com/2014/09/24/september-25-2014/ http://www.epsilonfbd.com/2014/09/24/september-25-2014/#comments Wed, 24 Sep 2014 21:08:11 +0000 Michael Lee http://www.epsilonfbd.com/?p=12531 more »]]> $SSRI

Silver Standard Resources Inc. (SSRI) is trading just above support at the $6.40 price level, potentially offering a good entry point. As this is a silver mining company, it is very likely to climb if/when the price of silver begins to rebound. As silver looks to be poised for a bounce, this could be a very likely scenario in coming sessions. Also, technical indicators for SSRI suggest that the stock is significantly oversold and ready for a correction. If SSRI falls below support at $6.40 and doesn’t return within the session, I suggest exiting the position.

Buy SSRI between $6.63 and $6.65

Initial profit target @ 9% above purchase price

Protect from loss @ $6.40

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September 24, 2014 http://www.epsilonfbd.com/2014/09/23/september-24-2014/ http://www.epsilonfbd.com/2014/09/23/september-24-2014/#comments Tue, 23 Sep 2014 20:08:24 +0000 Michael Lee http://www.epsilonfbd.com/?p=12528 more »]]> $SHLD $CIG $PEIX

Sears Holdings Corporation (SHLD) is trading just above relative support at the $27.00 price level, potentially offering a good entry point. Fundamentally, the company is struggling a bit but technical indicators suggest that the stock is oversold and ready for a correction. If SHLD falls below $27.00 and doesn’t return within the session I suggest exiting the position.

Reiterated: Buy SHLD between $27.99 and $29.00

Initial profit target @ 10% above purchase price

Protect from loss @ $27.00

also:

Cia Energetica de Minas Gerais (CIG) is trading just above horizontal support at the $6.50 price level, potentially offering a good entry point. Fundamentally, the company is strong. Technical indicators suggest that the stock is ready for a bounce. If CIG falls below support at $6.50 and doesn’t return within the session I suggest exiting the position.

Reiterated: Buy CIG between $6.56 and $6.58

Initial profit target @ 9% above purchase price

Protect from loss @ $6.50

also:

Pacific Ethanol, Inc. (PEIX) is trading just above S2 support, potentially offering a good entry point. Fundamentally, the company is stable. Technical indicators suggest that the stock is significantly oversold and ready for a correction. If PEIX falls below S2 support at $15.72 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy PEIX between $16.22 and $16.23

Initial profit target @ 9% above purchase price

Protect from loss @ $15.72

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September 23, 2014 http://www.epsilonfbd.com/2014/09/22/september-23-2014/ http://www.epsilonfbd.com/2014/09/22/september-23-2014/#comments Mon, 22 Sep 2014 20:49:51 +0000 Michael Lee http://www.epsilonfbd.com/?p=12526 more »]]> $SHLD $CIG $PEIX

Sears Holdings Corporation (SHLD) is trading just above relative support at the $27.00 price level, potentially offering a good entry point. Fundamentally, the company is struggling a bit but technical indicators suggest that the stock is oversold and ready for a correction. If SHLD falls below $27.00 and doesn’t return within the session I suggest exiting the position.

Buy SHLD between $28.29 and $28.30

Initial profit target @ 10% above purchase price

Protect from loss @ $27.00

also:

Cia Energetica de Minas Gerais (CIG) is trading just above horizontal support at the $6.50 price level, potentially offering a good entry point. Fundamentally, the company is strong. Technical indicators suggest that the stock is ready for a bounce. If CIG falls below support at $6.50 and doesn’t return within the session I suggest exiting the position.

Reiterated: Buy CIG between $6.56 and $6.58

Initial profit target @ 9% above purchase price

Protect from loss @ $6.50

also:

Pacific Ethanol, Inc. (PEIX) is trading just above S2 support, potentially offering a good entry point. Fundamentally, the company is stable. Technical indicators suggest that the stock is significantly oversold and ready for a correction. If PEIX falls below S2 support at $15.72 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy PEIX between $16.82 and $16.83

Initial profit target @ 9% above purchase price

Protect from loss @ $15.72

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September 22, 2014 http://www.epsilonfbd.com/2014/09/19/september-22-2014-2/ http://www.epsilonfbd.com/2014/09/19/september-22-2014-2/#comments Fri, 19 Sep 2014 22:17:50 +0000 Michael Lee http://www.epsilonfbd.com/?p=12522 more »]]> $CIG $PEIX

Cia Energetica de Minas Gerais (CIG) is trading just above horizontal support at the $6.50 price level, potentially offering a good entry point. Fundamentally, the company is strong. Technical indicators suggest that the stock is ready for a bounce. If CIG falls below support at $6.50 and doesn’t return within the session I suggest exiting the position.

Buy CIG between $6.76 and $6.78

Initial profit target @ 9% above purchase price

Protect from loss @ $6.50

also:

Pacific Ethanol, Inc. (PEIX) is trading just above S2 support, potentially offering a good entry point. Fundamentally, the company is stable. Technical indicators suggest that the stock is significantly oversold and ready for a correction. If PEIX falls below S2 support at $15.72 and doesn’t return within the session, I suggest exiting the position.

Reiterated: Buy PEIX between $16.82 and $16.83

Initial profit target @ 9% above purchase price

Protect from loss @ $15.72

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September 22, 2014 http://www.epsilonfbd.com/2014/09/19/september-22-2014/ http://www.epsilonfbd.com/2014/09/19/september-22-2014/#comments Fri, 19 Sep 2014 20:51:25 +0000 Michael Lee http://www.epsilonfbd.com/?p=12519 more »]]> $F $MGM $MCD

Ford Motor Co. (F) is trading just above strong support at the $16.25 price level, offering a good entry point. Fundamentally, the company is very strong. Technical indicators show that the stock is gaining momentum from recently touching support. If F falls below this support at $16.25 and doesn’t return within the session I suggest exiting the position (or not entering initially).

Buy F: Ford Motor Co.

Profit target @ $18.00 or use a 6.5% trailing stop (see Strategy page)

Protect from loss @ $16.25 or use trailing stop (mentioned above)

also:

MGM Resorts International (MGM) is trading just above support at the $23.00 price level, offering a good entry point. Fundamentally, the company is stable. Technical indicators suggest that the stock is slightly oversold and ready for a bounce off of support. If MGM falls below this support and doesn’t return within a session or two I suggest exiting the position (or not entering initially).

Buy MGM: MGM Resorts International

Profit target @ $27.00 or use a 6.5% trailing stop (see Strategy page)

Protect from loss @ $23.00 or use trailing stop (mentioned above)

also:

McDonald’s Corp. (MCD) recently fell significantly due to a poor earnings report but the stock has since consolidated above strong support at the $93.00 price level and looks to be headed upward once again. Fundamentally, the company is strong. Technical indicators are a bit mixed but I would suggest focusing on support with this trade. If MCD falls below support at $93.00 and doesn’t return within the session I suggest exiting the position (or not entering initially).

Reiterated: Buy MCD: McDonald’s Corp.

Profit target @ $100.00 or use a 6.5% trailing stop (see Strategy page)

Protect from loss @ $93.00 or use trailing stop (mentioned above)

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