Stock Ideas - July 9, 2007

ABS
Seems to have a good run last friday got in at 35. MACD just crossed and hope it will continue to move up-ward.
Minimum upside target is 37, but might still hold on even if target reached, based on the market feel.

AEV
With the Aboitiz power IPO this has been an interesting stock to play.

Considering also that this stock started consolidation early this year into a pretty good symetrical triangle.
I already took position at 8.9 when the MACD crossed the signal below 0 positioning to move upward.

Resistance is currently placed at 9.4. Will hold on to this stock

AMC
I bought this just because it seems to have broken out of an ascending triangle, though volume is really small
with little trade each day i think i will continue to hold on to this.

In the MACD/RSI point of view, this issue can still be consolidating. Will observe at this point and make a decision
about what to do with this later on.

APX
This issue has been consolidating since around May 2006, and seems to be compressing into a pretty sexy symetrical
triangle.

At this point MACD is below zero is positioning to cross up with the signal line.

Resistance is now placed on 6.7, a break at this price with volume should be a good signal to buy with an upside target
of 11

I am also considering this issue if i can trade the range here, buying around 5.8 then selling or wait for the
break at 6.7

JFC
COmpressed into a Sym Tri and Resistance is placed at 57
MACD just crossed the signal line, might break on monday, observe volume
Target is 70 - 22%

PLTL
Got in PLTL at 7.0 when MACD just crossed. Now it seems to have broken out of a Sym Tri. With a minimum
target of 8.5, will hold on to this! GO PLTL!

RLC
MACD just crossed the signal and is now nearing the resistance at 21.75, a break at around 22 with volume is
a good entry price for this stock


Others to Watch out for
AT
BHI
BAL
- Pretty good consolidation
- Buy on break at 5.2

CMT
- Ascending Tri
- Watchout for MACD

EDC
- Sym Tri
- MACD Crossed

JGS
- Sym Tri
- Resistance at 12.75