The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
8 pts

Opinion on  AvalonBay Communities Inc. (AVB)     Sector: Services  >  Industry: Real Estate Operations
AVB showing a one day reversal 2x

Jan 10, 2007 06:57 AM GMT
Diego
Return Risk
-9.73% HIGH
Associate

Technical Analysis  

2 separate days, the stock gapped up to new highs but got filled and ended lower on high volume. This means that the bulls are taking profits and no new bulls came in to take it higher (only buyers that caused the gap) . But there were more sellers than buyers that ended the stock lower than previous day. That´s a warning sign that a top might be near. I´ll short here with a small stake and add if it goes as planned.


Newbie-trader-avb-daily-short-one-day-reversal


AVB:  This call was made on 01/10/07 @ $129.38
Rating:   Negative   $129.38 (01/10/07)
Closed:   01/12/2007 @ $136.48 (-5.49% in 2 days)
Target:   $19.00 (-85.31%) in One month


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment

Who voted on this idea?
stockmaster N/A 01/12/2007
Weiting Liu 50% 01/10/2007



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 21.10 +34.57% 370
2 18.14 +68.57% 207
3 17.66 +25.68% 53
4 13.47 +14.32% 61
5 12.13 +77.15% 34


POPULAR STOCKS
Symbol Company Name Sentiment

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
AvalonBay Communities Inc. (AVB)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
50.0%
Top:
100.0%




Latest Picks by diego
Symbol SP Sentiment Rating Return Since
BEAS Negative +100.00% 10/18/07
CCK Negative -9.04% 03/29/07
DXPE Negative +40.97% 03/29/07
TNS N/A Negative -66.35% 03/29/07
DEO Negative +16.32% 02/19/07

View All >
   
diego previously rated AVB
Positive -45.40% Dead wrong
01/12/2007
8





IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch