I sold my position in CPST on Friday at $3.60 for a nice 23% profit. I will buy on this pullback at around 3.40-3.50. Looks like it’s consolidating this coming week.

For a long term core holding I bought Goldman (GS) at $172 on Friday. Goldman Sachs is a money printing machine and is a solid company. At around $150-180 this is a create buy as it’s going to $250 in about a year.

Look at the monthly chart and you can see that it’s near the lower channel trend line which is a buy point.

Then the daily chart the volume is drying up and the stochastic is turning up and along with the MACD histrogram.

Buying Advanced Battery Technologies (ABAT) for a trade from $4.01 with a stop at $3.71 and a first price target of $5.00 then up to $7.00.  Why do I think this will run up…?

Daily chart below shows a nice sign of strength May 12 then since then the price has held and the volume drying. It’s just building strength to go higher.

Now look at the month there is huge volume back in October 2007 at the $7.00 price range. Where there is high volume price will tend to gravitate towards that price.