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WaveStocks.com

Channeling, Rolling, Wave Stocks...

 

Below, you will find our actual newsletter for October 27, 2008.

We have added a second graph below the original to show you what the stock did after it was picked.

The 'circle' shows where our newsletter picked the stock.

 

 

WaveStocks Weekly Newsletter

Below are the stocks for the week of October 27, 2008

All of the stocks below have been researched using only technical analysis. Fundamentals for any of the companies below have not been researched. Please consider using these stocks only within a few days of posting, and only if a move higher has not already occurred.

As always, we recommend using limit orders for any purchases and trailing stop-loss orders once a purchase has been made. If you are new to this service, it's always a great idea to "paper trade" for at least a few weeks, if not a few months to see exactly how the best gains can be made - and to find your own comfort zone.

Support and resistance prices are provided using our own experiences and are based on prior movements only.

Please note: The support and resistance levels are not calculated using standard technical indicators and therefore may vary significantly from any technical charts you will see on these stocks. We provide these for guidance. We feel that a stop-loss order placed slightly below the "support" level would be very wise, as well as a sell order placed at slightly below the resistance level. However, we encourage all readers to sell and take gains on any decent move higher, even if it's below the resistance level. A quick gain allows you to lock in that profit and then have the proceeds available to move on to another stock.

Click on the stock's symbol to view a current chart.

Symbol:

BMS

Support:

$21.60

Resistance:

$25.50

Options?

Yes

Symbol:

CNC

Support:

$17.00

Resistance:

$21.00

Options?

Yes

Symbol:

CREE

Support:

$16.25

Resistance:

$21.00

Options?

Yes

Symbol:

DF

Support:

$18.00

Resistance:

$20.20

Options?

Yes

Symbol:

FL

Support:

$11.10

Resistance:

$13.50

Options?

Yes

Symbol:

HANS

Support:

$21.00

Resistance:

$25.00

Options?

Yes

Symbol:

HOKU

Support:

$4.50

Resistance:

$5.50

Options?

Yes

 

Symbol:

JOSB

Support:

$21.50

Resistance:

$26.50

Options?

Yes

Symbol:

PEET

Support:

$19.00

Resistance:

$24.00

Options?

Yes

Symbol:

PSS

Support:

$8.60

Resistance:

$11.50

Options?

Yes

Symbol:

SEE

Support:

$18.20

Resistance:

$21.00

Options?

Yes