Watchlist 02/22/2011

CMRE (Costamare Inc) looks overbought. Will be watching for reversal confirmation. Earnings was the 17th and the following day, friday had little price movement. Is this done? Look for a dip below fridays low. This could definitely see a pullback on some profit taking which can be played for a quick short play then a long play on the dip.

KV.A (K-V Pharmaceutical Company) Watch for a pullback on profit taking. Risky play as this stock is hot right now.

REV (Revlon, Inc.) popped on solid earnings, but could see a dip soon. This could see 15.5 then die.

SBGI (Sinclair Broadcast Group, Inc.) could dip to about 12.5 Look for a dip below the previous days low.

USU (USEC Inc.) looks like it may have more downside. Bearish engulfing showing, A/D look overbought, closed below the 50sma. With market mid east jitters this could dip.

ELN (Elan Corporation, plc (ADR)) showing a triple top/hs pattern on increasing volume to the downside. 50sma held, but with market weakness this could breakdown. Also it is testing support again!! Look for a dip below the 50sma. The only strong bullish indicator is the Golden Cross. A run above the previous day's high could be a buy. Aren't I schizo.

FTK (Flotek Industries, Inc.) bearish engulfing. A/D overbought, MACD coming off high levels. Look for a run below the 20sma.

CSE (CapitalSource, Inc.) has more downside. Look for a move below the previous close and a dip to around 7.61.

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