HOTT (Hot Topic Inc.) looks ready to reverse soon. It posted a harami reversal today and needs confirmation tomorrow. Note this may go sideways before it goes up. A push above 5.50 is a good long entry.
MHR (Magnum Hunter Resources Corp.) looks like it will ride the 50sma. Look for a little pullback to that level, 6.71, for a long entry.
ELN (Elan Corp. PLC) held at the 20sma today so an entry was made at 6.73. The 20sma has been a good support recently so a bounce here is expected. Stop set below 6.68.
RDN (Radian Group Inc.) posted a possible harami reversal. Confirmation is needed. An ideal entry would be 7.00, but in the teens will do. Be wary of gaps up.
FORM (FormFactor Inc.) has more downside. Will be watching for a reversal pattern.
XIN (Xinyuan Real Estate Company LTD.) looks like it just formed an inverted hammer along a support level of 2.40. Indicators show more downside is possible so watch for signs of reversal.
DEJ (Dejour Enterprises LTD.) looks oversold. There may be some more downside to .29, but it seems support of .296 has held.
DENN (Denny's Corp.) can breakout above 3.84. A move above 3.80 is significant and may be a good entry for a break above 3.84.
DHY looks ready to breakout. Watch for a break above 3.05 or a reversal signal.
DRL (Doral Financial Corp.) shows signs of being oversold and posed an inverted hammer. Look for confirmation on the inverted hammer and signs of a reversal.
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