My prior blog posts highlighted Microsoft, MSFT, which recently broke out of a long-them wedge pattern to the upside and leads me to believe that it could reach the $30 mark in the next month or so. Unfortunately, I sold my shares around $26 for a small profit. If the shares pull back to retest the breakout, I may consider buying with a longer term perspective.
Monday's blog highlighted US Steel, X, which had a strong gap up on Tuesday Since I don't like to chase stocks after big gaps, I didn't get in for this move. The stock looks like it might hit the $30 target.
On Monday, I also mentioned NetList, NLST as a potential dip-buy. The stock moved 13% higher today. We'll see if it can get to my first target at $3 in the next few days.
Feel free to comment. I love to hear feedback!
~JP
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