Watchlist 01/04/11

PLM this stock has recently tested a resistance level which it could break out from if it passes it. The level is 2.44 and this could make a run to 2.60's if passed. It may pullback to 2.26 or below then 2.16.

SOMX is running and may break if it can pass 3.4 Indicators are mid-line but this stock moves.

SQNM has posted a big red candle on large volume. If this breaks support at 7.8 it may dip hard to about 7.46. This is coming off highs with indicators showing a downtrend.

SWS** looks ready to break. If it breaks resistance at 5.25 it can run to 5.57 the 50ma. Indicators show an uptrend ready. Note this posted low volume today.

ZF posted a big green candle on large volume. Look for this to continue its run and break the recent high and break out of its up channel.

VICL over 2.10 can run, but it posted low volume today.

SNV can break on a run above 2.77. It tried today but failed but may try again. It posted retarded volume though.

CLS** strong green candle on good volume and can run here off the golden cross. Looks like it is resting from an uptrend. Look for a break soon. Can continue its run since it's off year high.

WR watch for a breakout on chart and upgrade news.

ACHN has broken it's uptrend. Look for a pullback on a move below the recent low. Market weakness may also occur which may drop the price as well.

HLIT Did not pullback as expected. Keep on watch for a breakout as it may be resting during its uptrend and break from this flag developing. Note: it did attempt another breakout and failed so a dip below 8.6 or 8.4 may be the end.

BA upgraded and closed above the 200ma. Look for a continuation. Swing trade.

C and MFC look like swing trades depending on market strength.

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