Watchlist 03/18/11

HA (Hawaiian Holdings, Inc.) posted a big loss today. It closed near its low and looks like it has more downside. Also trading outside bollinger bands. Indicators show more downside. Support levels are at 6, 5.75 and 5.50. Look for this to dip to 5.75 and then bounce for a possible day trade.

CBEH (China Integrated Energy, Inc.) posted some big losses the last two trading days. Indicators show oversold levels which may reverse or base and it is trading significantly outside bollinger bands. Look for a retest of the 3.50 low and a possible bounce for a day trade.

FUQI (Fuqi International, Inc.) to test low of 3 and bounce. It is trading outside bollinger bands and had indicators looking oversold and about to base or reverse. This is a possible day trade.

FTK (Flotek Industries, Inc.) posted a huge gain today. Look for this to continue its run and test 7.15 maybe even 7.50. With Libya issues Oil is in play for day traders. Look for spikes. Great for day trading.

CPE (Callon Petroleum Company) another oil play that popped today. May continue on Libya news, but they also had news of a director change which may affect this play so caution is advised. Watch for a quick push to 8 or on a gap up, look for 8.70. Another day trade thanks to choppy market.

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