10 crushed stocks that look to be rebounding - Timothy Sykes

Sign Up | Log In | What is SocialPicks?

10 crushed stocks that look to be rebounding
Apr 24, 2008 10:47 AM UTC

Timothy Sykes

Return	Risk
-22.46%	MID

Tracked Blogger

Profile & Performance

Subscribe to author

Symbol	Sentiment	Start	Return	Closed
LFC		04/24/08	+12.34%	--
ANAD		04/24/08	-71.12%	--
S		04/24/08	-70.22%	01/15/09
CERN		04/24/08	+67.57%	--
BRCM		04/24/08	+0.26%	06/23/08
TQNT		04/24/08	-13.01%	--
RJF		04/24/08	-15.45%	--
SWKS		04/24/08	+26.24%	--
LVLT		04/24/08	-55.79%	--
RFMD		04/24/08	+22.42%	--

Via BloggingStocks:

Filed under: Good news, Sprint Nextel Corp (S), Broadcom Corp'A' (BRCM), Technical Analysis, Level 3 Communications (LVLT), China Life Insurance ADS (LFC), Stocks to Buy

Way back in early March I highlighted 10 horrifically downtrending stocks and said not to even think about buying them until they broke their nasty trendlines to the upside.

Over the past few weeks, many have displayed solid sideways price action, but it wasn't until yesterday that the high volume breakouts occurred. I'm talking about those 50+ million shares traded, 10%+ price surges beautifully accomplished by such popular names like Sprint Nextel Corp (NYSE: S), Broadcom Corp (NASDAQ: BRCM) and Level 3 Communications Inc (NASDAQ: LVLT).

Unsurprisingly, several other stocks also showed similarly strong price action:

RF Microdevices Inc (NASDAQ: RFMD)
Anadigics Inc (NASDAQ: ANAD)
Skyworks Solutions Inc (NASDAQ: SWKS)
Triquint Semiconductor Inc (NASDAQ: TQNT)
China Life Insurance Co. Ltd (NYSE: LFC)
Raymond James Financial Inc (NYSE: RJF)
Cerner Corp (NASDAQ: CERN)

Continue reading 10 crushed stocks that look to be rebounding

Permalink | Email this | Comments

Read the rest of original post »

Add Comment

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

Your Comment

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.