Watchlist 03/23/11

CHGS (China GengSheng Minerals, Inc.) posted huge gains off of Molycorps earnings. Look for this to hit 3.50 then pullback.

LEI (Lucas Energy, Inc.) had a huge day as well. Look for this to test 4.25 or even 4.50 since it closed at the high. Good day trade either way.

SGMS (Scientific Games Corp.) closed near support and looks like it has more downside. Look for continuation to the downside with a move below 8.47 on volume. This is the fourth time this is testing this support and it may give it up here.

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