Wednesday, March 18, 2015

Picks of the week for WK12 is to HOLD the AGI and MWC that you've bought, and then TEL. at 2602

AGI could have fuel until 29 to 31. I'll probably sell all at 29 and some cents

MWC seems changing and consolidating hands in preparation for a move upwards. Although not that convincing.

If I have to choose between the two, only AGI's move up is probable. Foreign buying in AGI was solid and with conviction the past few days.

GMA7-- might need to cut loss at 6.5.

I also placed a buy in TEL at 2602. This is one of the stocks Im eager to go back to again and again and again. And it's lucky for our trading style that it moves in a channel rather than leaves you after you sell. Whatever happens, I'll start accumulating again from that price point (may be even at 2700). Remember--TEL gives divs, big enough to give you gain even if its price rests lower for longer vs. your entry point.

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