Paul J Singh

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Trades: BEAV and BBD

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Paul J Singh

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I made two trades yesterday from Tuesday’s watchlist:

I bought 500 shares of BEAV at $37.25. I had been watching this stock ever since the late April breakout, and liked the way it acted on pullback to the 50 day moving average, which also happened to “fill the gap”.

I bought 500 shares of BBD at $25.05. I liked the increased volume while the stock has consolidated at the recent highs, which leads me to believe that the stock is under accumulation (as is just about all of Brazil). This leads me to believe we’ll see a breaiout over $26.

5 responses to “Trades: BEAV and BBD”

  1. walter Avatar
    walter

    have you kept an eye on ZOLT? (mentioned a bunch here) i am long from a little while back. chart looks decent, and with the exception of one day recently, all down days have been relatively light on volume despite overall market weakness…

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  2. Anonymous Avatar
    Anonymous

    Wow, what great entries on BEAV and BBD. I am in awe…-jon

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  3. The Market Speculator Avatar
    The Market Speculator

    I was actually disappointed in my entries, especially BEAV. BEAV was at the top of my watchlist and I should have entered between $35-36. I left some good money on the table with my indecision.Yeah, Walter, Zolt is another one I missed out on. Sold way too early.

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  4. walter Avatar
    walter

    would like to see pullback on ARUN

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  5. walter Avatar
    walter

    if you get a chance, check out DBTK – newish ipo stock hugging the uptrend line and has pulled back to fill the gap; also supported by recently emerged ma50…thanks

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