Wang’s Happy Trading

Here are some stocks that I’m watching for the new week:

MSM
MSM had a strong day on Friday and caught my attention. It jumped above the 10-, 20-, and 30-day MAs; and, the 20-day MA just went above the 30-day MA. Volume increased and the other technical signals are turning up. They are reporting on 4/4, so we might see some pre-earnings run.

MT MT is getting increasing attention. Forbes has been writting about it, after trumpeting up LSS and STLD. Since the technical signals are bullish, I think it’s something worth a look.

NKE NKE has seen some profit-taking recently. But, on Friday, it had a little jump. Most analysts are expecting NKE to be above 120. With a 2-for-1 split coming on 4/3, might be time to grab it and enjoy a little 10-15% ride up.

CN
Let’s not forget about CN, especially, it seems like Chinese stocks are hot, again! After a 10-point run, the earnings is coming. If it reports well, CN can really jump!