Watchlist 03/14/11

CIGX (Star Scientific, Inc.) looks overbought right now. It is p on patent news, but can still be a good play for a short sale. Will look signs for reversal off highs. 3.00 was resistance on bullish friday, but this may break 3 today on momo and push to 3.50 or so before reversing. Look for signs of toppishness.

BWEN (Broadwind Energy Inc.) looks oversold here. Played this earlier for a loss trying to pick the bottom after it posted harami cross. Look for slight dip and run above previous close.

HIRU (Hiru Corp.) dipped and closed below the .0025 level. It is being pumped and may bounce here. However it dipped in a strong market and is a penny stock so caution is advised.

CSIQ (Canadian Solar Inc.) dipped below 10.80 but then bounced to close at 11.05 posting a bullish hammer. It still needs to snap back within the bollinger bands and needs to fill the gap. More upside potential here.

CISG (CNinsure Inc.) looks like it has more upside. Look for a big volume move above the previous close. Be wary of gaps up.

MOTR (Motricity, Inc) still looks oversold. Look for a move above previous day's high.

0 comments:

Post a Comment