Today I would suggest to buy CSKI and DBA.
CSKI
It shows a technical buy signal and it has good fundamentals. But it is a Chinese stock, so I would recomment to pay particular attention to it, since Chinese stocks are usually very volatile.
DBA
It lost quite a lot and looks like having found a good support. Technical indicators show a probable big change in price.
As always I would suggest to set a 1% trailing stop buy orders at 10 o'clock, after the first 30 minuts of trading.
Please note: I consider these two trades riskier than usual so I recomment to use stop losses, beginning with:
CSKI: initial stop at $12.81
DBA: initial stop at $23.03
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Thursday, September 17, 2009
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