EXTR (Extreme Networks Inc.) posted an interesting doji candle after a large upswing the previous day. Will be watching for a short opportunity here. A significant dip below yesterday's close should be a good short entry. Market strength may also help since news may affect the markets negatively.
DHY (Credit Suisse High Yield Bond Fund)looks interesting. A/D Indicators shows it is oversold while RSI shows it is overbought. Volume was strong today and a new 52 high has been reached. Is this ready for a breakout? Let's watch and see. It is quite possible it pulls back tomorrow due to a slow market. It is also an AMEX stock which rarely run. lol
BPZ (BPZ Resources Inc.) posted a nice red candle. Selling volume was high, RSI is overbought, A/D is high, and it is trading outside the bollinger bands which means it should snap back. With market weakness this can see a significant dip. Looking for a short entry below today's close (around 6$).
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