Stock Recommendation Update

USU continues to mark time before it ultimately crumbles.
The stock remains in a position that warrants short selling and put buying.
Be careful with the put options though and make sure you purchase contracts that
have enough open interest to prevent large and manipulative spreads.

STAR is a new short sale or put buying recommendation.
The stock formed a very reliable bearish Evening Star pattern, has unconfirmed upside progress and has its stochastics in sell mode.

Oracle continues to squeeze its way through its wedge pattern.

If and when it does break lower, it should be a sight to behold.

Ford made a some what bullish reversal pattern today, although as you can see the candle was still on the negative side so it was not a textbook reversal.

However, there remains enough evidence of an intermediate term low in place to warrant purchase and call buying.

LXU is starting to look more and more bearish as the chart indicates.

I continue to look for a safe entry point in the $16 range, but should this bearish pattern play out, we could be looking at prices in the $12-$14 range.