HOTT (Hot Topic Inc.) looks ready to reverse soon. It posted a harami reversal today and needs confirmation tomorrow. Note this may go sideways before it goes up. A push above 5.50 is a good long entry.
MHR (Magnum Hunter Resources Corp.) looks like it will ride the 50sma. Look for a little pullback to that level, 6.71, for a long entry.
ELN (Elan Corp. PLC) held at the 20sma today so an entry was made at 6.73. The 20sma has been a good support recently so a bounce here is expected. Stop set below 6.68.
RDN (Radian Group Inc.) posted a possible harami reversal. Confirmation is needed. An ideal entry would be 7.00, but in the teens will do. Be wary of gaps up.
FORM (FormFactor Inc.) has more downside. Will be watching for a reversal pattern.
XIN (Xinyuan Real Estate Company LTD.) looks like it just formed an inverted hammer along a support level of 2.40. Indicators show more downside is possible so watch for signs of reversal.
DEJ (Dejour Enterprises LTD.) looks oversold. There may be some more downside to .29, but it seems support of .296 has held.
DENN (Denny's Corp.) can breakout above 3.84. A move above 3.80 is significant and may be a good entry for a break above 3.84.
DHY looks ready to breakout. Watch for a break above 3.05 or a reversal signal.
DRL (Doral Financial Corp.) shows signs of being oversold and posed an inverted hammer. Look for confirmation on the inverted hammer and signs of a reversal.
FAF again
FAF (First American Corp.) dropped today and posted a nice bearish engulfing pattern. I called the top today on twitter.
Check me out on twitter here: twitter.com/allCityTrader or keep an eye on the twitter widget below to your right.
A play at open would have netted almost 3%. I believe there is more downside, but the market definitely needs to be watched.
allCityTrader The allCity Trader
FAF looks toppish
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A play at open would have netted almost 3%. I believe there is more downside, but the market definitely needs to be watched.
Review of 01/26/11
BQI (Oilsands Quest Inc.) support held and this finally made a significant move. This could start trading above the 200ma.
BPAX (Biosante Pharmaseuticals Inc.) finally traded below the low of 1.93 posted on the 25th. It has since traded downward and is testing the 1.84 support today.
CAK (CAMAC Energy Inc.) never pushed past 1.96 so was never in play.
DPTR (Delta Petroleum Corporation) never made a significant move to the upside. Still on watch though since it is basically trading sideways. A move above .76 will be significant.
ANO (Anooraq Resources Corporation) never made a strong move. A push past 1.5 is what was needed.
ANDS (Anadys Pharmaceuticals Inc.) made a nice move on the 26th and tried to sustain it on the 27th. The weakness on the 27th would have meant it was time to exit since it could not continue or form a significant move to the upside. Didn't play this but it would have been a nice ovenight play.
BPAX (Biosante Pharmaseuticals Inc.) finally traded below the low of 1.93 posted on the 25th. It has since traded downward and is testing the 1.84 support today.
CAK (CAMAC Energy Inc.) never pushed past 1.96 so was never in play.
DPTR (Delta Petroleum Corporation) never made a significant move to the upside. Still on watch though since it is basically trading sideways. A move above .76 will be significant.
ANO (Anooraq Resources Corporation) never made a strong move. A push past 1.5 is what was needed.
ANDS (Anadys Pharmaceuticals Inc.) made a nice move on the 26th and tried to sustain it on the 27th. The weakness on the 27th would have meant it was time to exit since it could not continue or form a significant move to the upside. Didn't play this but it would have been a nice ovenight play.
EGLE (Eagle Bulk Shipping Inc.) Trade
EGLE (Eagle Bulk Shipping Inc.) was another stock that couldn't breakout. It's trading in a tight pattern where I entered at 4.03 and exited at 4.13. I thought there would be more of a bounce yesterday, but nothing happened. Still happy to exit up.
MPWR (Monolithic Power Systems) Trade
MPWR (Monolithic Power Systems) was frustrating. Expected more from this stock and never got it. Entered at 15.08 and exited at 15.15. Blah. Whatever. Don't like the fact that it can't break near resistance.
MTSN (Mattson Technology) Trade
MTSN (Mattson Technology) is trading in a tight range. Rode it up and down and took profits yesterday at 2.40. Not a big gain, but better than a loss. Will watch for a breakout.
FAF (First American Corp.) trade
FAF - First American Corp. was entered on the 21st at 15.25. On the 22nd half the position was sold at 15.90 for a quick 4% gain. The rest was held and since the near support of 15 was never broken, the position was never exited. Exited today at 16.40 for a gain of 7%. Indicators show it may be topped out and with a possible market correction looming there is no need to be greedy. Over 5% gain in a few days!!
Watchlist 01/26/11
BQI is on watch to see if this support level holds.
BPAX is on watch since it posted a possible evening star.
CAK above 1.96-2.00 and this could really run.
CDII may break out from this flag. A move above 1.55 and we may be on our way.
DPTR is at the bottom of a trading channel. Look for a bounce to continue the channel.
ANO, and ANDS are worth a watch too.
BPAX is on watch since it posted a possible evening star.
CAK above 1.96-2.00 and this could really run.
CDII may break out from this flag. A move above 1.55 and we may be on our way.
DPTR is at the bottom of a trading channel. Look for a bounce to continue the channel.
ANO, and ANDS are worth a watch too.
Review 01/24/11
ENER hit a minor support level from late August and bounced. I missed the dip and never entered the stock, but would have exited a few points above the previous close for a small loss.
LLEN posted its reversal today, but I am not confident in it. It opened and closed with in the previous days candle. It also failed to break resistance again for the second consecutive day. I believe there could be more downside here especially if markets become weak.
MPWR had a nice day with a run to 15.50. I entered around 15.08 a little late as I would have liked an entry of 15.03 or so. It is not exactly a piecing pattern, but I am happy it closed above midway the previous candle. Will see how it plays tomorrow and may take profits in this shaky market.
MTSN had a nice run as well. Entry was 2.33. It posted a nice green candle but I would have liked to see it at least piece the previous red candle's high.
Volume also wasn't that high. Will be watching closely tomorrow and may take quick profits.
STZ had a pretty boring day. Little price action on decent volume. Staying away from this one.
XRX is another snoozer with boring sideways action.
WINN bounced off support of 6.15 from early December. I missed this play, but would exit on a dip below 6.15.
CPST another snoozer, but it posted a little green candle today, almost a doji. I never entered but would hold my long and exit on a dip below today's low.
ALTH posted a nice reversal here. It formed a nice bullish engulfing after a bottom hammer formed the previous day. Two good signs. This could run to above 3.80.
EGLE dipped and reversed as predicted. However it did post a big ugly red candle on lots of volume. There could be more downside coming before fully reversing. This may test the lows and then reverse. Be careful.
LLEN posted its reversal today, but I am not confident in it. It opened and closed with in the previous days candle. It also failed to break resistance again for the second consecutive day. I believe there could be more downside here especially if markets become weak.
MPWR had a nice day with a run to 15.50. I entered around 15.08 a little late as I would have liked an entry of 15.03 or so. It is not exactly a piecing pattern, but I am happy it closed above midway the previous candle. Will see how it plays tomorrow and may take profits in this shaky market.
MTSN had a nice run as well. Entry was 2.33. It posted a nice green candle but I would have liked to see it at least piece the previous red candle's high.
Volume also wasn't that high. Will be watching closely tomorrow and may take quick profits.
STZ had a pretty boring day. Little price action on decent volume. Staying away from this one.
XRX is another snoozer with boring sideways action.
WINN bounced off support of 6.15 from early December. I missed this play, but would exit on a dip below 6.15.
CPST another snoozer, but it posted a little green candle today, almost a doji. I never entered but would hold my long and exit on a dip below today's low.
ALTH posted a nice reversal here. It formed a nice bullish engulfing after a bottom hammer formed the previous day. Two good signs. This could run to above 3.80.
EGLE dipped and reversed as predicted. However it did post a big ugly red candle on lots of volume. There could be more downside coming before fully reversing. This may test the lows and then reverse. Be careful.
NTWK trade
NTWK worked out well. Left a little money on the table but still came out on top nicely. Entered at 2.08 and exited at 2.29 for a little over 9% gain.
PARD trade
PARD worked out well. Exited right near the top on Friday at 74 for a little over 8% gain. Too bad I don't put too much into pennies.
SUF trade
SUF a penny stock was a risky trade and I paid for it. The play never worked out. My only consolation is I don't put a lot into pennies. Live and learn.
TNA trade
TNA was entered at 71.47 I had a chance for better profits at around 73, but was greedy and held too long. Exited at 71.98 for a small gain. Market had me nervous thinking there was a bull trap going on. Markets finished up, but this stock still declined. Will keep on watch if market reverses
LAVA trade
LAVA entered at 5.55 and exited at 5.50 for a 1% gain. The stock is not moving enough. It'll probably sell off today lol.
Watchlist 01/24/11
ENER closed slightly below support. Watch for a breakdown during a weak market. Will be watching for a good short entry here. However, if the markets are strong caution is advised as a bounce may occur.
LLEN failed to form a solid reversal pattern. Will be looking or a solid short entry at the open. This may break down to 7, the next support level.
MPWR held support at 15. This should be a good long opportunity if the market is not too weak. Note: they post earnings on the 2nd of February.
MTSN held support and posted a harami reversal. Look for a long entry in the low 2.30's
STZ failed to bounce and may dip further to 18.5 or the 200ma. A dip below the previous low will be a good short entry.
XRX is a good short swing. It posted a failed piercing pattern and significant volume. MACD is also bearish.
WINN had support hold at 6.24. It did post a red candle on volume so look for a dip below support here is the market remains weak. A bounce is possible on a strong market and move above 6.30
CPST has a golden cross. Support of around 1.10 has held and this may be the bottom of a new range. Watch at open.
ALTH is showing a hammer, a reversal signal. Will be looking for confirmation throughout the day here.
EGLE may dip further to the mid 4.40's. It is downtrending with strong bearish volume. MACD shows more downside possible however RSI is quite oversold. This may dip to below 4.5 and then reverse.
LLEN failed to form a solid reversal pattern. Will be looking or a solid short entry at the open. This may break down to 7, the next support level.
MPWR held support at 15. This should be a good long opportunity if the market is not too weak. Note: they post earnings on the 2nd of February.
MTSN held support and posted a harami reversal. Look for a long entry in the low 2.30's
STZ failed to bounce and may dip further to 18.5 or the 200ma. A dip below the previous low will be a good short entry.
XRX is a good short swing. It posted a failed piercing pattern and significant volume. MACD is also bearish.
WINN had support hold at 6.24. It did post a red candle on volume so look for a dip below support here is the market remains weak. A bounce is possible on a strong market and move above 6.30
CPST has a golden cross. Support of around 1.10 has held and this may be the bottom of a new range. Watch at open.
ALTH is showing a hammer, a reversal signal. Will be looking for confirmation throughout the day here.
EGLE may dip further to the mid 4.40's. It is downtrending with strong bearish volume. MACD shows more downside possible however RSI is quite oversold. This may dip to below 4.5 and then reverse.
Watchlist 01/21/11
ENER needs to find support at 4.20. If it breaks below this level look for a dip to the 3.80's. And pause in a dip may signify a bounce as signs of being oversold are upcoming.
FINL may continue its pullback if it breaks 15.80. The dip may continue to the 30's and below. Note it did post a bullish gravestone doji candle during after hours so a gap down at the open may signify a trap.
LLEN may be forming a morning star doji here. Look for confirmation of the reversal pattern. MACD does show more downside possible. Several scalps are possible here. Watch at the open.
MPWR may be a buy at 15. Look for reversal signals. A break below 14.75 indicates more downside trending.
MTSN indicators show more downside possible. Support held at 2.28, but increasing selling volume indicates a breach of this support may be imminent.
RTK held at support of 1.20. Look for a bounce here or the next strong support level of 1.15.
STZ keep on watch for a bounce.
UEC complex hs. May break down here.
XRX look for a break below 11.
WINN shows a failed piercing pattern with indicators showing more of a bearish trend possible. Look for a dip below 6.24.
FINL may continue its pullback if it breaks 15.80. The dip may continue to the 30's and below. Note it did post a bullish gravestone doji candle during after hours so a gap down at the open may signify a trap.
LLEN may be forming a morning star doji here. Look for confirmation of the reversal pattern. MACD does show more downside possible. Several scalps are possible here. Watch at the open.
MPWR may be a buy at 15. Look for reversal signals. A break below 14.75 indicates more downside trending.
MTSN indicators show more downside possible. Support held at 2.28, but increasing selling volume indicates a breach of this support may be imminent.
RTK held at support of 1.20. Look for a bounce here or the next strong support level of 1.15.
STZ keep on watch for a bounce.
UEC complex hs. May break down here.
XRX look for a break below 11.
WINN shows a failed piercing pattern with indicators showing more of a bearish trend possible. Look for a dip below 6.24.
Watchlist 01/20/11
CRNT posted a large green candle on strong volume. It is up on news so watch for a continued run. Be careful of large gaps up as the market may weigh on any movement.
FAF couldn't run today. Look for a run below the previous low. If market is strong look for a possible breakout above 15.25.
MPWR may hit bottom soon. Keep on watch over the next few days for a bottom reversal.
LAVA looks ready for a pullback. RSI is overbought a dip below 5.54, the previous low is a good short entry. Look for a dip to 5.4 then 5.09.
ARRS is overbought and showing signs of a pullback. Look for a dip below the previous low to run to near 11.65 the 20ma.
RERUNS
DRYS watch at the open as bollinger bands show a possible reversal if markets become stronger. There could be a pullback to the 200ma 4.85. Watch market for direction.
SKF, DRV, SPXU, UEPS Hhhhmmmm.
FAF couldn't run today. Look for a run below the previous low. If market is strong look for a possible breakout above 15.25.
MPWR may hit bottom soon. Keep on watch over the next few days for a bottom reversal.
LAVA looks ready for a pullback. RSI is overbought a dip below 5.54, the previous low is a good short entry. Look for a dip to 5.4 then 5.09.
ARRS is overbought and showing signs of a pullback. Look for a dip below the previous low to run to near 11.65 the 20ma.
RERUNS
DRYS watch at the open as bollinger bands show a possible reversal if markets become stronger. There could be a pullback to the 200ma 4.85. Watch market for direction.
SKF, DRV, SPXU, UEPS Hhhhmmmm.
Watchlist 01/12/11
AMR failed to continue its run. Instead it has pulled back to the 50sma which at 8.19 is a good entry. Watch at the open since selling volume was strong and to see if there is any respect for the 50sma support. If there is none this could pull back to 7.86 or 7.72
RF began its run. There is resistance at 7.24 which has been respected. A break past this could see a run to 7.4, 7.5 or 7.75.
CLS has posted increasing selling volume over the last couple of days. It has respected the recent support level at 6.6 but may break it and run towards the 50sma at 9.28. An entry at 9.28 would be ideal. This would need to break resistance at 9.9 for any significant move to the upside.
QLTI still waiting for signs of weakness as this is overbought and due for a pullback. A gap at the open may be opportune time.
BSQR posted a red candle. Look for a move below the 11.11 low as sign of a pullback. A dip to 10 is possible. Note that it is in a strong uptrend and may continue higher. Watch any gap downs to reverse.
CQP still on watch for a short opportunity. It posted an large green candle on less volume however. Look for a gap up as an entry for an impending pullback.
ACHN doesn't want to quit. However it has posted declining volume with rising prices over the past few trading sessions and a doji. Look for a dip below the 4.27 low as a short entry.
APGA would like to see a dip here to .35
TIV posted a green candle and a run above the 50sma of .52 is possible. Stop at .42
BSDM posted higher volume today but closed flat. Watch for a dip below todays low of 5.15. If not, this may test yesterdays high.
AH has posted declining volume and a doji candle. Look a bear signals like a move below the 7.12 low of the day.
HDY is showing signs of slowing down. Indicators show overbought levels but a push to test 7 may be upon us. A break of todays low of 6.44 may signal a breakdown. A run above 6.84 may signal a test to new highs.
RF began its run. There is resistance at 7.24 which has been respected. A break past this could see a run to 7.4, 7.5 or 7.75.
CLS has posted increasing selling volume over the last couple of days. It has respected the recent support level at 6.6 but may break it and run towards the 50sma at 9.28. An entry at 9.28 would be ideal. This would need to break resistance at 9.9 for any significant move to the upside.
QLTI still waiting for signs of weakness as this is overbought and due for a pullback. A gap at the open may be opportune time.
BSQR posted a red candle. Look for a move below the 11.11 low as sign of a pullback. A dip to 10 is possible. Note that it is in a strong uptrend and may continue higher. Watch any gap downs to reverse.
CQP still on watch for a short opportunity. It posted an large green candle on less volume however. Look for a gap up as an entry for an impending pullback.
ACHN doesn't want to quit. However it has posted declining volume with rising prices over the past few trading sessions and a doji. Look for a dip below the 4.27 low as a short entry.
APGA would like to see a dip here to .35
TIV posted a green candle and a run above the 50sma of .52 is possible. Stop at .42
BSDM posted higher volume today but closed flat. Watch for a dip below todays low of 5.15. If not, this may test yesterdays high.
AH has posted declining volume and a doji candle. Look a bear signals like a move below the 7.12 low of the day.
HDY is showing signs of slowing down. Indicators show overbought levels but a push to test 7 may be upon us. A break of todays low of 6.44 may signal a breakdown. A run above 6.84 may signal a test to new highs.
Review from 01/03/11
+ALTH 4.5 - 4.21 short
_PLM 2.26
+SOMX 3.4 - 3.58
+SQNM 7.8 - 7.55 short
-SWS 5.25 - 5.10
_ZF no movement
+VICL 2.10 - 2.24
-SNV 2.77 - 2.75
-CLS 9.93 - 9.84
_WR never broke out
+ACHN 4 - 3.87 short
_HLIT never broke out
+BA 66.72 - 70
+AFFY 6.75 - 7.95
-PNSN 5.12 - 4.95
+RPRX 3 - 2.75 short
+QLTI 7.93 - 7.83
-CQP 22 - 22.6 short
_HDY no entry opp
_PLM 2.26
+SOMX 3.4 - 3.58
+SQNM 7.8 - 7.55 short
-SWS 5.25 - 5.10
_ZF no movement
+VICL 2.10 - 2.24
-SNV 2.77 - 2.75
-CLS 9.93 - 9.84
_WR never broke out
+ACHN 4 - 3.87 short
_HLIT never broke out
+BA 66.72 - 70
+AFFY 6.75 - 7.95
-PNSN 5.12 - 4.95
+RPRX 3 - 2.75 short
+QLTI 7.93 - 7.83
-CQP 22 - 22.6 short
_HDY no entry opp
Watchlist 01/10/11
AMR posted a strong day and is reaching recent highs. Indicators show a bull trend continuing. Look for a possible breakout above 9 and a pullback to 8.75. High call ratio noted in recent article as well.
RF support at 7.02 seems to be holding. A possible breakdown to 6.9 is possible and a bounce is hopeful. This can run to above 7.5 or 7.75. A gap down is possible on Monday. Watch.
DRYS is showing high call volume. Hold.
CLS looks like a buy here. Watch at open.
QLTI showing declining volume here. This may dip hard. Watch at open.
BSQR continue to watch as it is overbought.
CQP should dip back into its trading channel and middle bolinger.
ACHN looks toppish.
FSLR, ENER, ESLR, & SPWRA may run on news that the US passed a law stating the DOD must 'buy american' when it purchases solar panels. This is a large player from the US in solar energy. Look fora run above 7.14 or a pullback to 7.
APGA is being promoted. Watch for a run and DT opp. Entries are at <.25 or >.30 Watch at the open.
RF support at 7.02 seems to be holding. A possible breakdown to 6.9 is possible and a bounce is hopeful. This can run to above 7.5 or 7.75. A gap down is possible on Monday. Watch.
DRYS is showing high call volume. Hold.
CLS looks like a buy here. Watch at open.
QLTI showing declining volume here. This may dip hard. Watch at open.
BSQR continue to watch as it is overbought.
CQP should dip back into its trading channel and middle bolinger.
ACHN looks toppish.
FSLR, ENER, ESLR, & SPWRA may run on news that the US passed a law stating the DOD must 'buy american' when it purchases solar panels. This is a large player from the US in solar energy. Look fora run above 7.14 or a pullback to 7.
APGA is being promoted. Watch for a run and DT opp. Entries are at <.25 or >.30 Watch at the open.
Watchlist 01/05/11
LWSN posted a large green candle on lower volume though. Look for signs of continuation as MACD looks bullish.
CLS is trading in a channel and has posted low volume. Watch for a pullback entry. Support are at 9.76 then 9.63
AFFY riding an interesting support line. Look for a push to 6.75 with a breakout after 6.75. Any strong move below today's low is bearish signal. Note volume was lower than avg.
PNSN is a low volume stock which seems to have broken out of a trend line resistance level. Watch for a continued run. Looks like 5.30's then 5.50 up next. Supports are 5.10 then 5.
RPRX may fill the gap. Short swing play possible.
SOMX above .48 looks like a runner. Look for a pullback entry.
QLTI** looks waaay overbought here. All indicators show overbought levels and candles are toppish.
BSQR in play
CQP pay pullback into the trading channel.
HDY tweezer tops?
CLS is trading in a channel and has posted low volume. Watch for a pullback entry. Support are at 9.76 then 9.63
AFFY riding an interesting support line. Look for a push to 6.75 with a breakout after 6.75. Any strong move below today's low is bearish signal. Note volume was lower than avg.
PNSN is a low volume stock which seems to have broken out of a trend line resistance level. Watch for a continued run. Looks like 5.30's then 5.50 up next. Supports are 5.10 then 5.
RPRX may fill the gap. Short swing play possible.
SOMX above .48 looks like a runner. Look for a pullback entry.
QLTI** looks waaay overbought here. All indicators show overbought levels and candles are toppish.
BSQR in play
CQP pay pullback into the trading channel.
HDY tweezer tops?
Watchlist 01/04/11
PLM this stock has recently tested a resistance level which it could break out from if it passes it. The level is 2.44 and this could make a run to 2.60's if passed. It may pullback to 2.26 or below then 2.16.
SOMX is running and may break if it can pass 3.4 Indicators are mid-line but this stock moves.
SQNM has posted a big red candle on large volume. If this breaks support at 7.8 it may dip hard to about 7.46. This is coming off highs with indicators showing a downtrend.
SWS** looks ready to break. If it breaks resistance at 5.25 it can run to 5.57 the 50ma. Indicators show an uptrend ready. Note this posted low volume today.
ZF posted a big green candle on large volume. Look for this to continue its run and break the recent high and break out of its up channel.
VICL over 2.10 can run, but it posted low volume today.
SNV can break on a run above 2.77. It tried today but failed but may try again. It posted retarded volume though.
CLS** strong green candle on good volume and can run here off the golden cross. Looks like it is resting from an uptrend. Look for a break soon. Can continue its run since it's off year high.
WR watch for a breakout on chart and upgrade news.
ACHN has broken it's uptrend. Look for a pullback on a move below the recent low. Market weakness may also occur which may drop the price as well.
HLIT Did not pullback as expected. Keep on watch for a breakout as it may be resting during its uptrend and break from this flag developing. Note: it did attempt another breakout and failed so a dip below 8.6 or 8.4 may be the end.
BA upgraded and closed above the 200ma. Look for a continuation. Swing trade.
C and MFC look like swing trades depending on market strength.
SOMX is running and may break if it can pass 3.4 Indicators are mid-line but this stock moves.
SQNM has posted a big red candle on large volume. If this breaks support at 7.8 it may dip hard to about 7.46. This is coming off highs with indicators showing a downtrend.
SWS** looks ready to break. If it breaks resistance at 5.25 it can run to 5.57 the 50ma. Indicators show an uptrend ready. Note this posted low volume today.
ZF posted a big green candle on large volume. Look for this to continue its run and break the recent high and break out of its up channel.
VICL over 2.10 can run, but it posted low volume today.
SNV can break on a run above 2.77. It tried today but failed but may try again. It posted retarded volume though.
CLS** strong green candle on good volume and can run here off the golden cross. Looks like it is resting from an uptrend. Look for a break soon. Can continue its run since it's off year high.
WR watch for a breakout on chart and upgrade news.
ACHN has broken it's uptrend. Look for a pullback on a move below the recent low. Market weakness may also occur which may drop the price as well.
HLIT Did not pullback as expected. Keep on watch for a breakout as it may be resting during its uptrend and break from this flag developing. Note: it did attempt another breakout and failed so a dip below 8.6 or 8.4 may be the end.
BA upgraded and closed above the 200ma. Look for a continuation. Swing trade.
C and MFC look like swing trades depending on market strength.
Watchlist 01/03/11
FLMG is a recommended pennystock that seems to be in a symmetrical triangle. Watch volume and look for a breakout over the next few days.
MRVL has just bounced off the 200ma. Look for a continuation if it can break 18.6 resistance. The next significant resistance would then be around 18.9. Stochs and RSI show bullish formations. MACD shows some weakness, but a reversal is not out of the scenario.
SNSS has been mentioned in chat rooms since it has been making moves. It is approaching the 200ma. A pullback to below .49 and this stock may dip to .45, a pullback entry. However, a run above .53 could see this stock running above the 200ma again.
CDY is really trending upwards. The stock looks overbought but is trending. Look for a pullback to 2.10 as an entry. Volume was strong recently.
RAME is also trending upwards and needs to break 1.86 a key resistance level. This is doable, but look for a pullback to 1.8, the 200ma.
ALTH has been trying to break a 4.7 resistance level. A res level of a channel it is in. If it can break it it may run, however, if it dips below 4.5 on strength then it may dip significantly. Indicators are in mid-line.
MRVL has just bounced off the 200ma. Look for a continuation if it can break 18.6 resistance. The next significant resistance would then be around 18.9. Stochs and RSI show bullish formations. MACD shows some weakness, but a reversal is not out of the scenario.
SNSS has been mentioned in chat rooms since it has been making moves. It is approaching the 200ma. A pullback to below .49 and this stock may dip to .45, a pullback entry. However, a run above .53 could see this stock running above the 200ma again.
CDY is really trending upwards. The stock looks overbought but is trending. Look for a pullback to 2.10 as an entry. Volume was strong recently.
RAME is also trending upwards and needs to break 1.86 a key resistance level. This is doable, but look for a pullback to 1.8, the 200ma.
ALTH has been trying to break a 4.7 resistance level. A res level of a channel it is in. If it can break it it may run, however, if it dips below 4.5 on strength then it may dip significantly. Indicators are in mid-line.
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