Watchlist 01/10/11

AMR posted a strong day and is reaching recent highs. Indicators show a bull trend continuing. Look for a possible breakout above 9 and a pullback to 8.75. High call ratio noted in recent article as well.

RF support at 7.02 seems to be holding. A possible breakdown to 6.9 is possible and a bounce is hopeful. This can run to above 7.5 or 7.75. A gap down is possible on Monday. Watch.

DRYS is showing high call volume. Hold.

CLS looks like a buy here. Watch at open.

QLTI showing declining volume here. This may dip hard. Watch at open.

BSQR continue to watch as it is overbought.

CQP should dip back into its trading channel and middle bolinger.

ACHN looks toppish.

FSLR, ENER, ESLR, & SPWRA may run on news that the US passed a law stating the DOD must 'buy american' when it purchases solar panels. This is a large player from the US in solar energy. Look fora run above 7.14 or a pullback to 7.

APGA is being promoted. Watch for a run and DT opp. Entries are at <.25 or >.30 Watch at the open.

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