POT, MOS, CF, et. al.

NoDoji

NoDoji

I've been looking to go long on a pullback, since these stocks have pushed far above their 20 SMA. Great pullback today, but the 30-day charts indicate more to come. I'm a pretty new trader - any opinions from the highly experienced out there?
 
Quote from MrDODGE:

Buy near their 50 day moving averages, they are currently all overvalued. Your analysis is correct.
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Thank you for your confirmation. I'm extremely pleased not to have jumped in :cool:
 
These stocks are overbought, once commodity prices correct these stocks will follow quickly behind. They raised POT target to $340 the other day, reminds me of the dot com days.
 
Quote from S2007S:

These stocks are overbought, once commodity prices correct these stocks will follow quickly behind. They raised POT target to $340 the other day, reminds me of the dot com days.
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They appear to be fine vehicles for intraday trades, but I don't want my lack of experience to ruin my mood before vacation.
 
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