Watchlist 09/15/2010

JASO, DRL, SSN
These three stocks look as if they may begin to retrace near the 200ma. Will watch for confirmation as JASO and SSN may be good short positions when the market dips.

TSLA
This went bearsish for a day and trapped bears. I missed the play but noticed this ready for a breakout. I picked up shares yesterday and sold today for a slight gain. f this can break resistance at 21.20 then it may run for some nice gains.

FEEC
This is weak right now after a major surge. I will look for a pattern before taking position. This will be a long term play.

KERX
This looks like it still has more upside. A run to above 4.30 is not out of the question.

HERO
If this can break the 2.45 resistance level, we can see a run to around 2.7 the next resistance level which could be a new trading range for the stock. Pattern is a bullish engulfing pattern with a bullish MACD cross recently and in trading range for RSI.

GSLO
This is showing another bullish engulfing pattern, but is showing overbought levels in CCI and RSI. The bullish MACD cross may have peaked as well. This will be watched closely.

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