Here are a few stocks I'm watching this week...
HPQ - This stock is coming off oversold levels. My entry is around 24.60. I think it can run up to the 20 MA. I would have a tight stop on this one cause it could be a good short below 23.90 too.
SMSI -this one still looks good with a break over Friday's highs of 2.76. Stop would be a close below Friday's close of 2.65. Target is around 3.25.
XRX - Buy over 8.5 with a stop below 20 ma at 8.3. First target around 9-9.19.
My Guitar Studies: Much like my continuing education in the stock market, I am a student of the classical guitar. I set a goal this year to learn a piece by Bach called Chaconne. This will be a big challenge for me, as its been a while since I've dedicated myself to such a piece of music. I'll update from time to time on progress.
Have a great week
JP
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