Equity Oracle: 06/28/2012

This has been the stock of the month for us and it looks like we are getting another buy signal for Hercules Offshore, Inc. (Ticker: HERO). Last week we sold out of our long position in order to take a quick profit. I also mentioned that we would have to wait for the gap to fill before getting back in. Now that the gap has filled, the stock is showing a perfect green candle pivot point that is bouncing off of the short-term support level. Be sure the
stock holds support at the $3 level because if it breaks down below this point the traders will stop themselves out and this could drive the stock lower.

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About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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