I am using today’s dip to buy stocks from strong sectors nearing support. I made the following trades:
300 shares of SGR at $68.00. This is an infrastructure and post earnings suprise play.
300 shares of OII at $78.50. I’ve been waiting for this energy stocks to pullback near 20 day moving average support.
200 shares of BHP at $82.70. I bought this one at the 10 day moving average, which hs provided support for this high flying energy/metals/coal play since mid August.
300 shares of JASO at $49.10. It’s a high flying chinese solar stock. Need I say more?
200 shares of EDU at $73.10. Education stocks have been on fire for quite some time (see also CPLA). The stock surprised on earnings yesterday and I bought today on pullback near the earnings breakout point.