FOLD this stock looks ready to break. Stock to sales ration is low and RSI and MACD show bull trend. Recent golden cross as well. Supports are 4.5, 4.4 & 4.35.
DUSA watch this to play near the 50ma. MACD shows it is ready for a run up. All other indicators are in mid-line. Look for a pullback to support levels at 2.45 & 2.4. NOTE this is a very low volume stock.
GTXI just broke a little but this can still run. It has near resistance at around 2.8 but if it can break it may run to fill the gap above 3.14 the 200ma. RSI and MACD is bullish, RSI is mid-line. It has many supports at the 20ma of 2.7, then around 2.65 then a strong one at 2.57.
With current news that China has just raised its interest rate, we should see the markets post some losses on Monday. The last time they did this Oil and other commodities took a big hit, but then rallied in the following days to come. This may be a good opportunity to short some positions followed by a buying opportunity when signs of a rally begin to emerge later in the week or the following week which begins the new year.
OIL this took a hit during the last PBOC rate hike. Look for another weak showing on this rate hike and the fact that crude has hit a high recently and may be due for a pullback. Indicators show overbought levels as well.
PBR* took a hit during the last PBOC rate hike which lasted a few days. Look for a repeat action as the chart looks similar to the last rate hike. Indicators are in mid-line levels with Stochs showing overbought levels.
MRO looks overbought here by all indicators. It recently posted a red candle and is near recent highs. The rate hike should exacerbate the rundown.
SU* looks overbought as well here and took a big hit during the last rate hike. Look for a pullback amid the high levels and global news.
COP watch for a big dip here.
TRE showed some big declines during the last rate hike as well. Stock looks ready for a pullback although the dip may not last long.
NGD may be ready for a pullback as it has recently reached high levels matching those in 2008.
UUP & UDN both track the dollar which was highly affected during the last rate hike.
OTHER WATCHES
FTWR looks ready to break the 4.59 level. It may trade sideways for awhile then break. However, if the market is significantly weak this week then we may see a significant pullback. Strong support at the 50ma 4.43.
HLIT looks extremely overbought here. All indicators display overbought levels and with possible market weakness this week, this may be a good short play. First support is 8.25
FIX watch this to fill the gap. It may not occur here if there is market weakness, but may occur when strength comes back to the market. NOTE this is a low volume stock. Indicators show it is overbought, so with weakness this may be a good short play with a long buying opportunity with any signs that the 13 and 12.26 supports hold.
LIA is resuming trading. Watch to see how it performs.
CLWR looks oversold. Support is at 5. Indicators show oversold levels. Look for a bounce but watch for weakness in overall market to affect pricing.
BGZ is at an all time low here. Indicators show it is oversold. It tracks market inversely so a weak market may be an opportunity here.
MCOX is 6% from its 52week low. Look for it to break 7 for a slight run. Becareful as there are fraud allegations surrounding this so news may kill it. Lol
HLCS is 9% off its low. It may be ready for a move north since there is positive voume and it has been trading sideways for a few days. A move to .13 is possible.
ESLR has been having problems as of late, but look for it to break .6 and it can move to .65. It is oversold, but the rate hike in china may hurt it since it is looking to expand there and this may run up its costs.
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