stock to watch for 2/16-CVVT

Tuesday, February 15, 2011 ·

CVVT stock analysis
CVVT gained 2.99% on 02/15/11 and a total percentage of 5.35% in the past 3 days
CVVT is trading in the range of $6.32 - $10.28 in the past 30 days.
CVVT bounced back from a recent support.
Commodity Channel Index (CCI) is bullish for CVVT.
Money Flow Index (MFI) is bullish and moving up for CVVT.
On Balance Volume (OBV) is bullish and moving up for CVVT.
The 10-day simple moving average is bearish and moving down for CVVT.

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About this blog

I am a day trader. I think Day trading is more profitable than long term investment.For daytraders, there is one thing should always to remember- set a stop loss. In my first year in trading, I wasn't care about the stop loss,I lost a lot of money and I re-studied, watched and paper traded again.Then I made big profit return in my next two years.
Technical indicators is definitely a necessary tool for day traders and easy to learn, so I here to share my experience and provide you useful stock resource and online stock trading tips.
How do I trade:
Normally, I use combination of technical indicators such as MACD,slow stochastic, RSI,Moving average to pick the stock I want. I like to trade stock with support and resistance, or the stock with MACD and Slow Stochastic Divergence.