Best of the Week
Most Popular
1. Market Decline Will Lead To Pension Collapse, USD Devaluation, And NWO - Raymond_Matison
2.Uber’s Nightmare Has Just Started - Stephen_McBride
3.Stock Market Crash Black Swan Event Set Up Sept 12th? - Brad_Gudgeon
4.GDow Stock Market Trend Forecast Update - Nadeem_Walayat
5.Gold Significant Correction Has Started - Clive_Maund
6.British Pound GBP vs Brexit Chaos Timeline - Nadeem_Walayat
7.Cameco Crash, Uranium Sector Won’t Catch a break - Richard_Mills
8.Recession 2020 Forecast : The New Risks & New Profits Of A Grand Experiment - Dan_Amerman
9.Gold When Global Insanity Prevails - Michael Ballanger
10.UK General Election Forecast 2019 - Betting Market Odds - Nadeem_Walayat
Last 7 days
What happens To The Global Economy If Oil Collapses Below $40 – Part II - 15th Nov 19
America’s Exceptionalism’s Non-intervention Slide to Conquest, Empire - and Socialism - 15th Nov 19
Five Gold Charts to Contemplate as We Prepare for the New Year - 15th Nov 19
Best Gaming CPU Nov 2019 - Budget, Mid and High End PC System Processors - 15th Nov 19
Lend Money Without A Credit Check — Is That Possible? - 15th Nov 19
Gold and Silver Capitulation Time - 14th Nov 19
The Case for a Silver Price Rally - 14th Nov 19
What Happens To The Global Economy If the Oil Price Collapses Below $40 - 14th Nov 19
7 days of Free FX + Crypto Forecasts -- Join in - 14th Nov 19
How to Use Price Cycles and Profit as a Swing Trader – SPX, Bonds, Gold, Nat Gas - 13th Nov 19
Morrisons Throwing Thousands of Bonus More Points at Big Spend Shoppers - JACKPOT! - 13th Nov 19
What to Do NOW in Case of a Future Banking System Breakdown - 13th Nov 19
Why China is likely to remain the ‘world’s factory’ for some time to come - 13th Nov 19
Gold Price Breaks Down, Waving Good-bye to the 2019 Rally - 12th Nov 19
Fed Can't See the Bubbles Through the Lather - 12th Nov 19
Double 11 Record Sales Signal Strength of Chinese Consumption - 12th Nov 19
Welcome to the Zombie-land Of Oil, Gold and Stocks Investing – Part II - 12th Nov 19
Gold Retest Coming - 12th Nov 19
New Evidence Futures Markets Are Built for Manipulation - 12th Nov 19
Next 5 Year Future Proof Gaming PC Build Spec November 2019 - Ryzen 9 3900x, RTX 2080Ti... - 12th Nov 19
Gold and Silver - The Two Horsemen - 11th Nov 19
Towards a Diverging BRIC Future - 11th Nov 19
Welcome to the Zombie-land Of Stock Market Investing - 11th Nov 19
Illiquidity & Gold And Silver In The End Game - 11th Nov 19
Key Things You Need to Know When Starting a Business - 11th Nov 19
Stock Market Cycles Peaking - 11th Nov 19
Avoid Emotional Investing in Cryptocurrency - 11th Nov 19
Australian Lithium Mines NOT Viable at Current Prices - 10th Nov 19
The 10 Highest Paying Jobs In Oil & Gas - 10th Nov 19
World's Major Gold Miners Target Copper Porphyries - 10th Nov 19
AMAZON NOVEMBER 2019 BARGAIN PRICES - WD My Book 8TB External Drive for £126 - 10th Nov 19
Gold & Silver to Head Dramatically Higher, Mirroring Palladium - 9th Nov 19
How Do YOU Know the Direction of a Market's Larger Trend? - 9th Nov 19
BEST Amazon SMART Scale To Aid Weight Loss for Christmas 2019 - 9th Nov 19
Why Every Investor Should Invest in Water - 8th Nov 19
Wait… Was That a Bullish Silver Reversal? - 8th Nov 19
Gold, Silver and Copper The 3 Metallic Amigos and the Macro Message - 8th Nov 19
Is China locking up Indonesian Nickel? - 8th Nov 19

Market Oracle FREE Newsletter

How To Buy Gold For $3 An Ounce

Harry Boxer's Top Stock Picks for 2009

Companies / Investing 2009 Jan 07, 2009 - 10:05 AM GMT

By: Harry_Boxer

Companies Best Financial Markets Analysis ArticleTechnical analyst Harry Boxer of shares a few his Top 10 Stock Picks for 2009. For the complete list, and video chart analysis on each stock, please sign up for a free 15-day trial to Harry's Technical Trading Diary at Once signed up, click on "Charts of the Week" and view the reports for Dec 29th (initial picks) and Jan 5th, which provides chart updates -- featured below -- on these picks.

DryShips (DRYS): The stock has had a very powerful thrust off the lows. A nice bullish consolidation above the moving averages has taken place, particularly in the last 4 days when the volume was extremely low. The moving averages held, the stock then broke on Wednesday and followed up on Friday, when it gained another 1.83 on 24 1/2 million shares. That volume was the heaviest in 2 weeks. The mid-December level was around 13.30, so a very strong chance we may test or exceed that and head up to the 17-18 area, perhaps as high as the 22-23 zone, depending on market conditions.

Sequenom (SQNM): With tops in the 21-21 1/2 area continually being pressed and tested, and with a current flag pattern underway, I think it's very possible that a takeout may occur very quickly and a thrust to the 24 1/2-25 range could be imminent, not to mention a further test and a run-up to 28-29, the Sep-Oct highs. But what I’m really looking for is a move that takes this up to 38-40, the top of the channel, over the course of the next few weeks.

Cogent (COGT): The stock has moved out of a long base. Over the last few days it's edged up quietly on low volume. It's right around the 21-day moving average. If it can get a little burst here, it could make a run at the top of the channel and get up to the 16 3/4-17 range, which would be my next trading target.

China Sky One Medical (CSKI): This is in a beautiful rising bull flag on low volume, with great technicals. There's no reason why it can't move higher. It's currently about to be testing the June all-time high up in the 16 range. I’m expecting that to break out and then move up towards the 20 area or thereabouts.

Harry Boxer is an award-winning, widely syndicated technical analyst and author of The Technical Trader (, which features a real-time diary of Harry's minute-by-minute trading ideas and market insights, plus annotated technical charts & stock picks (including his "Top 10 Picks for 2009"), based on Harry's 30 years experience as a Wall Street technical analyst. Plus NEW Member Chat Room!

Good trading!


For more of Harry Boxer, sign up for a FREE 15-Day Trial to his Real-Time Technical Trading Diary. Or sign up for a Free 30-Day Trial to his Top Charts of the Week service.

(c) 2008 AdviceTrade, Inc. All rights reserved. Distributed only by written permission of AdviceTrade and The Technical Trader at . In using any portion of Harry Boxer's content, you agree to the terms and conditions governing the use of the service as described in our disclaimer at

Mr. Boxer's commentaries and index analysis represent his own opinions and should not be relied upon for purposes of effecting securities transactions or other investing strategies, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. You should not interpret Mr. Boxer's opinions as constituting investment advice. Trades mentioned on the site are hypothetical, not actual, positions.

Harry Boxer Archive

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules