Watchlist 05/23/2011

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ZIXI (Zix Corporation) looks ready to pop. Look for it to break 3.51 but watch out for a dip below 3.35 on volume.


TSYS (TeleCommunication Systems, Inc.) look for minor support of 5 to hold. Major support is at 4.90. These may be good dip entries. Overall this stock has more upside. An entry above the previous high is good also.

MTG (MGIC Investment Corporation Com) looks like it may test 7.21 a recent low. Would like to see it bounce from here, but closing on the low means it may have more downside before a bounce. Watch at the open.

EJ (E-House (China) Holdings Limite) looks like it found a bottom recently at 9.93. This could dip slightly to 10.30 but overall this may reverse here and could be a good long swing.

STM (STMicroelectronics NV) looks bearish on a move below 11.30.

Watchlist 05/16/2011 Review

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DF (Dean Foods Company) didn't drop as predicted. It moved mostly sideways and I believe the dip will be coming soon.

ALKS (Alkermes, Inc.) had its big dip on Thursday as it gapped down at the open. An 18 entry would have netted about 5%!!! This has more downside imo. Didn't play it since I rarely play big gaps like that.

ERTS (Electronic Arts Inc.) another sideways mover. Look for a dip this week.

Watchlist 05/16/2011

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DF (Dean Foods Company) just posted a new 52 week high. Will be watching to see what evolves. This looks like it has more upside.

ALKS (Alkermes, Inc.) looks overbought here, but will wait for confirmation as there may be more momentum building up for this.

ERTS (Electronic Arts Inc.) looks overbought. Will be watching for confirmation or a dip on volume. Look at the chart from Feb to March.

Watchlist 05/09/2011 Review

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BIOS (BioScrip Inc.) was a tough play. It pushed near it's 52 week high, but broke down. It has more downside and did dip past the entry point on Thursday for a small gain.

KLIC (Kulicke and Soffa Industries Inc.) dipped to 11.91 during the week after the entry of 12.50 for a %4+ gain!!! There is still more downside imo.

WINN (Winn-Dixie Stores, Inc.) popped big, but I never payed it since I was looking for a lower entry level. It never hit and I ignored the stock and didn't want to chase.

LSI (LSI Corporation) never really found strength. It gained a couple of percent and I believe this has more upside.

ARR (ARMOUR Residential REIT, Inc.) another weak player here. Moved above the entry point with no strength. Made a bounce mid week, but fizzled after that. This is probably headed lower from here.

IVN (Ivanhoe Mines Ltd. (USA)) moved big at the beginning of the week then gave up all it;s gains later in the week. I never played it due to the big gap up. It's trading below the 200sma and is most likely headed lower.

ACI (Arch Coal Inc) broke down below the 200sma and went out of play. This now has more downside.

MW (The Men's Wearhouse, Inc.) never showed any good reversal signals. Will keep on watch as this should pullback soon.

Watchlist 05/09/2011

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BIOS (BioScrip Inc.) is overbought. All indicators are showing overbought levels and the stock just posted a harami and doji. It's also failed to pass the recent high. Look for a test of 6.80 again before a dip.

KLIC (Kulicke and Soffa Industries Inc.) is up on guidance news from the 3rd. It is showing signs of being overbought, but has not posted any single candle indicating a reversal. Look for a push to 12/20 or 12.50 before a dip. This can be played both ways.

WINN (Winn-Dixie Stores, Inc.) looks like it has more downside. Look for this to hit 6.50 before bouncing back.

LSI (LSI Corporation)recently closed above a 7.50 breakout level and created a new 52 week high. Look for this to continue it's push upward. A price of 8 or above is possible. Watch out for gaps up or even a sell off in the morning as profit takers come in and short sellers may emerge, but a squeeze looks more than likely if that occurs.

ARR (ARMOUR Residential REIT, Inc.) watch this stock for a breakout above 7.65. This is the third time it is testing this level. Indicators show thee is more upside.

IVN (Ivanhoe Mines Ltd. (USA)) has shown strong support at the 200sma. Look for a bounce here with a stop below the prev low of 23.88. Watch for gaps.

ACI (Arch Coal Inc) looks like tweezer bottoms but this has more downside. Look for it to test support of the 200sma 29.93 before a bounce.

MW (The Men's Wearhouse, Inc.) looks overbought but needs reversal confirmation. Indicators show more upside potential.

Watchlist 05/02/2011 Review

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REDF (Rediff.com India Limited (ADR)) dipped from 15.87 to 12.21 for a gain of 23%!!!

FAX (Aberdeen Asia-Pacific Income Fund, Inc.) dropped from 7.38 to 6.92 for a gain of over 6%!!!

ZIOP (ZIOPHARM Oncology Inc.) dropped from 7.86 to 6.68 for a gain of 15%!!!

INN (Summit Hotel Properties, Inc.) never popped above last Friday's high. Luckily this bounced back at the end of the week to nearly close out even.

AIB (Allied Irish Banks, plc. (ADR)) was never in play as it never hit the 3.60 entry target.

TRE (Tanzanian Royalty Exploration Corp. (US)) dropped from 7.44 to 6.20 for a gain of over 16%!!!

ICO (International Coal Group, Inc.) was never in play on huuge gap up.

DF (Dean Foods Company) was never in play since the dip to entry of 10.90 was never reached. It also never showed much strength during the week.

Notes 05/03/2011

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ZIOP short from 7.80. I believe this has more downside. Would have lied to have seen more downward pressure today. Stop is 7.75. Let's hope for a gap down.

TIVO took a loss on this trying to pick a bounce. Let;s see how it trades at the open.

Watchlist 05/02/11

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REDF (Rediff.com India Limited (ADR)) still looks way overbought. Really thought a pullback was coming friday, but it never materialized. Look for a high volume dip below 16.

FAX (Aberdeen Asia-Pacific Income Fund, Inc.) looks like it posted tweezer tops. Look for this to push to 7.5 or even 8 before a pull back.

ZIOP (ZIOPHARM Oncology Inc.) looks like it has more upside potential. Could see 8 before a dip. This could possibly be played both ways for any good day trader. Will watch to see how it opens.

INN (Summit Hotel Properties, Inc.) definitely has more upside after closing near the high of the day. Could see a pullback after 11.80 or so. Be cautious.

AIB (Allied Irish Banks, plc. (ADR)) looks like it could pop here. 20sma just crossed above the 50sma. A/D is low and all other indicators are at mid line. It's a bank play so it can be affected by overseas financial news. Look for 3.60 +

TRE (Tanzanian Royalty Exploration Corp. (US)) had two huuuge days of trading. It just closed at the high of the day. Look for a continuation with a move to 7.50+. A gap up may occur but look for a dip to the previous day's closing before an entry.

ICO (International Coal Group, Inc.) can run above 11.16. It has limited upside though at around 11.50 maybe even 11.65. Contrarians can try and call a top around there for a play on the dip. This looks like its topped out and may begin a downtrend.

DF (Dean Foods Company) looks like it may test a high from last year of 12. It closed near the high of the day and A/R and MACD are showing rooms towards the upside. Look for a dip to 10.90 or so before entry.

YHOO (Yahoo! Inc.) can this pop above 18? Watch.