Watchlist 12/30/10

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GEL upgraded. Has support at 26.25 and broke the recent high of 26.45. This run may continue on the upgrade and strength. MACD shows upside, while Stochs and RSI show overbought levels consistent with a breakout.Has recently broke out of a symmetrical triangle, a continuation pattern. Watch at open, look for a pullback entry since volume is lower than average.

MR upgraded and recently gapped up. Has resistance at 27 and support around 26.5 then 26.27 or the 20ma. Look for a break above 27 on volume, however a morning pullback to the 20ma may be a good entry.

RNOW upgraded and has posted a big green day. It may continue its run but has resistance at 23.37 then 23.9 the 20ma. There may be a pullback to the 12ma 23.16 which may be a good entry. Look like it broke out of a down channel as well.

VIV upgraded and has posted new 52 week highs. It also seems to have broken out of an upward trading channel. MACD shows upward continuation however other indicators show overbought levels which may be indicative of a breakout. Support is at 32.81 then 32.13. A slight pullback to the recent support may occur which would be a good entry.

CSUN look for this to bounce as it has reached a support level here. Indicators show oversold levels and a doji has formed at support. Volume is also a little flat and it was recently upgraded.

HLIT should tank soon. Volume has decreased, RSI and MACD look toppish. Look for a run to 8.75 before a drop. Support is at 8.55 then 8.25.

ONP Look for this to bounce off the 50ma of 6.14 with a run to .22 or .49. NOTE: it has accounting issues so a break below the 50ma may mean a short opportunity with supports at 6.04 then 5.76

UMC looks like a golden cross is imminent. It also looks like an pennant has formed with a breakout imminent. Indicators are mid-line with Stochs oversold.

COP, FIX and PBR watch for pullbacks, however PBR may break the 200ma and turn it too support.

TRE watch for a break.

Watchlist 12/29/10

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NNBC this had a huge run and needs to be watched for a pullback. It is being pumped.

CPOW watch his for a pullback.

GM has been upgraded

VVTV was upgraded

MOVE has bounced off the 50ma and may continue. Look for a retrace to the 50ma or a break above .55 on volume.

REE watch this for a continued run.

Watchlist 12/27/2010

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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.

Watchlist 12/20/10

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DDR has made a big move recently. Look for this to continue since indicators show a trend continuing. Watch at the open to see how it trades.

ASTM look for a pullback to recent lows as a buying opportunity. If it opens strong, look for a run to fill the gap.

DRYS had a recent golden cross and may be a buying opportunity at 5.79. Indicators show a continuation for the uptrend.

EK watch this since indicators show it may be overbought.

COCO watch this since indicators show a possible uptrend continuation.

LNCE is showing signs of being overbought. Look for a short opportunity.

PDM should be watched to see how it opens. It may pullback here, but may test recent highs again.

VVTV look for a pullback entry since this had a recent golden cross.

Watchlist 12/13/10

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CRDC could see a pullback to 2.73. If it opens strong, it may run.

DEAR can pullback to 1.70, however on strength it can run past the 200sma.

INHX can run above 3 here. MACD, RSI and stochs show a continuation in uptrend.

SMSI has broken out. Look for a continuation on of the trend.

DYP this may pullback to 3. On strength it may run to 3.30

GMXR has reached a near resistance and may continue to run to 6. Look for a pullback to 5.2

FBC needs o break 1.44

FMCC needs to break he 10ma

UNP may be an good buy at 32.92. It may also run here to 96.

LOCM can pullback past to the 200ma or even 5.15. Indicators show continuation.

QTWW look for a pullback to .52 or a break of .535. Indicators are bullish.

AEL may be a possible short. Indicators are at oversold levels.

ASBC may break 15. Volume has been strong and the 10ma just crossed the 200.

CMA may be a possible short here as volume has been declining while price has been rising.

FIX may run to above 13. Look for a pullback to 11.94 on any weakness.

ITB is in an uptrend. Look for a pullback to 12.41.

Watchlist 12/08/10

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ALTE has been in an uptrend. It is showing signs of being overbought. MACD shows it may have some room to run, but RSI and Stochs are overbought. Volume was not strong today. Watch for an opportunity to short. Note however that a golden cross is imminent.

ARIA is near a three year high. Watch to look for a break or a retrace. This resistance level has held recently so we may see a pullback.

ENTR just posted a star on the day. However, the 20ma just crossed the 50 and MACD shows signs of a continuation in uptrend. RSI and Stochs are showing reversal signals. This resistance level was also tested before and not broken. Sideways action is possible so will watch.

ES watch as this may go sideways.

FAST is showing overbought signals ever where. Is this trading in a new range or about to dive. Watch at open as there have been two small red days. A star was posted today.

HBAN looks overbought here, but may be a simple daytrade. It may rest then run up again. Watch for directional confirmation in morning trade.

MAS just hit the 200ma resistance. Watch to see if this breaks or pulls back. RSI shows overbought levels. Stochs are high, but MACD shows continuation is possible.

SMBL may have some room to run. Volume has been increasing and indicators show possible uptrend continuation. It has hit a strong resistance level though, but has hit it several times before and may be due for a break.

Watchlist 12/06/10

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PTIE just posted a big gain on Friday. It may continue it's run. 7.78 seems to be support and it can run to 8.36. All indicators are in mid-range, although stochs show a possible bounce.

USAT had a big run on Friday as well. Several things may happen here. It may open flat and pullback and then close green or it may gap up and close red. Watch in the morning to see how it trades.

URRE had a support level hold. watch for this at the open to see if it closes green on the day. It may retest the 10ma support which may be a good entry.

DEXO posted a huge day as well. Will look for a pullback entry as this may still run since indicators are in mid-range.

NBBS can run if it passes 1.55

AFFY support held at the 20ma. It may look to fill the gap and bounce off the 50ma. Look for signs of weakness.

ALR*** look for this to pullback to the 200ma. It may bounce from there and find a new trading range above 33.20.

AOS has posted big gains recently. This can pullback to 40 soon on a gap up. It can run if it opens flat since indicators show an uptrend still in progress.


ASPS looks like it may pull back. Stochs show high levels. It has broken a recent resistance level, but volume was not great and a pullback follows the recent pattern. This resistance level is also a strong level and was broken before but then it failed a few days later. 

VLTR has turned the 200ma to a new support level. This may continue it's uptrend. MACD shows an uptrend which should continue.

TGH is reaching over sold levels in many areas according to varying indicators. Look for a pull back from current levels to about 28. It may gap up however and dip since volume has been high.

SXCi has just posted a flag pole and may dip as it did previously. The overall trend is bullish and a pullback may be a brief day or two. A pullback to 44 is possible.

SNTA*** may hit resistance at 5. Look for a pullback. MACD is bullish, but stochs and RSI are over bought.

RMD has been trading in a sideways channel. It may breakout soon.

MFG** can breakout depending on market and volume. Indicators look good for an uptrend and financials are worth a look now.

MFN** this made big moves on good volume and has indicators in a mid range. It can breakout to 10.8

MUSA may have a break out soon.

Watchlist 12/02/10

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BORN watch this for a potential movement. May pullback to 11 if the market is weak or run to above 12 to test resistance.

BIOD watch to see if it breaks aove the 10ma

SIHI*** the 200ma held here today. Must watch to see if this bounces off and runs or if it breaks with significant volume.

CORT is 4% from it's 52 week high. It is near overbought conditions, but has rarely traded above an RSI of 70 in the past year. This stock has news coming out regarding a new drug and the phase 3 results.News is very promising and stock has been valued at 5-7$ This maybe a good swing trade.

HSFT had a big run. Look to see if this continues as it has in the past or if it loses steam to close red for a pullback day.RSI and Full Stoch show it has room to move up.

SIFY has room to move up. It is volatile so may be a nice day trade.

REDF this posted a big day today with lots of volume. It may test the 50ma at 4.15 or so and then pullback or gap up and then pull back. Good day trade setup.

CIS has an RSI of 84!!! Stock has been surging and will probably cool off soon. Watch for a potential day trade. Maybe a good short day trade opportunity.

KH posted a huge price gain today. It has also posted a nice hanging man and is in overbought territory. This may be a nice short setup for day trade.