Showing posts with label ZOLT. Show all posts
Showing posts with label ZOLT. Show all posts

Friday, March 16, 2007

ZOLT - One That Got Away

This morning I passed on ZOLT because "ZOLT got away and it looks like it blew it all out in the first burst so I'm going to let that one go."

That was at 10:14



After which ZOLT did a very nice return to 4 where it promptly turned around and went up another 1.80 before it printed a nice exit pattern.

Lesson learned - don't give up on the high jumpers - yes most often they have blown their wad - but every once in awhile they haven't.

ZOLT - On a Roll

Notable Calls out with a post on Zoltek this morning. This is an interesting chart from a number of perspectives



It is possible that the EMA 4 break of the EMA 21 would be a positive signal to take a short term trade in this one. I think any close above 28.8 with stop around 28 might turn out to be a good one.

It's on my watch list.

If you don't read Notable Calls every day you're just pretending.