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?
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.
Watchlist 12/30/10
GEL upgraded. Has support at 26.25 and broke the recent high of 26.45. This run may continue on the upgrade and strength. MACD shows upside, while Stochs and RSI show overbought levels consistent with a breakout.Has recently broke out of a symmetrical triangle, a continuation pattern. Watch at open, look for a pullback entry since volume is lower than average.
MR upgraded and recently gapped up. Has resistance at 27 and support around 26.5 then 26.27 or the 20ma. Look for a break above 27 on volume, however a morning pullback to the 20ma may be a good entry.
RNOW upgraded and has posted a big green day. It may continue its run but has resistance at 23.37 then 23.9 the 20ma. There may be a pullback to the 12ma 23.16 which may be a good entry. Look like it broke out of a down channel as well.
VIV upgraded and has posted new 52 week highs. It also seems to have broken out of an upward trading channel. MACD shows upward continuation however other indicators show overbought levels which may be indicative of a breakout. Support is at 32.81 then 32.13. A slight pullback to the recent support may occur which would be a good entry.
CSUN look for this to bounce as it has reached a support level here. Indicators show oversold levels and a doji has formed at support. Volume is also a little flat and it was recently upgraded.
HLIT should tank soon. Volume has decreased, RSI and MACD look toppish. Look for a run to 8.75 before a drop. Support is at 8.55 then 8.25.
ONP Look for this to bounce off the 50ma of 6.14 with a run to .22 or .49. NOTE: it has accounting issues so a break below the 50ma may mean a short opportunity with supports at 6.04 then 5.76
UMC looks like a golden cross is imminent. It also looks like an pennant has formed with a breakout imminent. Indicators are mid-line with Stochs oversold.
COP, FIX and PBR watch for pullbacks, however PBR may break the 200ma and turn it too support.
TRE watch for a break.
MR upgraded and recently gapped up. Has resistance at 27 and support around 26.5 then 26.27 or the 20ma. Look for a break above 27 on volume, however a morning pullback to the 20ma may be a good entry.
RNOW upgraded and has posted a big green day. It may continue its run but has resistance at 23.37 then 23.9 the 20ma. There may be a pullback to the 12ma 23.16 which may be a good entry. Look like it broke out of a down channel as well.
VIV upgraded and has posted new 52 week highs. It also seems to have broken out of an upward trading channel. MACD shows upward continuation however other indicators show overbought levels which may be indicative of a breakout. Support is at 32.81 then 32.13. A slight pullback to the recent support may occur which would be a good entry.
CSUN look for this to bounce as it has reached a support level here. Indicators show oversold levels and a doji has formed at support. Volume is also a little flat and it was recently upgraded.
HLIT should tank soon. Volume has decreased, RSI and MACD look toppish. Look for a run to 8.75 before a drop. Support is at 8.55 then 8.25.
ONP Look for this to bounce off the 50ma of 6.14 with a run to .22 or .49. NOTE: it has accounting issues so a break below the 50ma may mean a short opportunity with supports at 6.04 then 5.76
UMC looks like a golden cross is imminent. It also looks like an pennant has formed with a breakout imminent. Indicators are mid-line with Stochs oversold.
COP, FIX and PBR watch for pullbacks, however PBR may break the 200ma and turn it too support.
TRE watch for a break.
Watchlist 12/29/10
NNBC this had a huge run and needs to be watched for a pullback. It is being pumped.
CPOW watch his for a pullback.
GM has been upgraded
VVTV was upgraded
MOVE has bounced off the 50ma and may continue. Look for a retrace to the 50ma or a break above .55 on volume.
REE watch this for a continued run.
CPOW watch his for a pullback.
GM has been upgraded
VVTV was upgraded
MOVE has bounced off the 50ma and may continue. Look for a retrace to the 50ma or a break above .55 on volume.
REE watch this for a continued run.
Watchlist 12/27/2010
FOLD this stock looks ready to break. Stock to sales ration is low and RSI and MACD show bull trend. Recent golden cross as well. Supports are 4.5, 4.4 & 4.35.
DUSA watch this to play near the 50ma. MACD shows it is ready for a run up. All other indicators are in mid-line. Look for a pullback to support levels at 2.45 & 2.4. NOTE this is a very low volume stock.
GTXI just broke a little but this can still run. It has near resistance at around 2.8 but if it can break it may run to fill the gap above 3.14 the 200ma. RSI and MACD is bullish, RSI is mid-line. It has many supports at the 20ma of 2.7, then around 2.65 then a strong one at 2.57.
With current news that China has just raised its interest rate, we should see the markets post some losses on Monday. The last time they did this Oil and other commodities took a big hit, but then rallied in the following days to come. This may be a good opportunity to short some positions followed by a buying opportunity when signs of a rally begin to emerge later in the week or the following week which begins the new year.
OIL this took a hit during the last PBOC rate hike. Look for another weak showing on this rate hike and the fact that crude has hit a high recently and may be due for a pullback. Indicators show overbought levels as well.
PBR* took a hit during the last PBOC rate hike which lasted a few days. Look for a repeat action as the chart looks similar to the last rate hike. Indicators are in mid-line levels with Stochs showing overbought levels.
MRO looks overbought here by all indicators. It recently posted a red candle and is near recent highs. The rate hike should exacerbate the rundown.
SU* looks overbought as well here and took a big hit during the last rate hike. Look for a pullback amid the high levels and global news.
COP watch for a big dip here.
TRE showed some big declines during the last rate hike as well. Stock looks ready for a pullback although the dip may not last long.
NGD may be ready for a pullback as it has recently reached high levels matching those in 2008.
UUP & UDN both track the dollar which was highly affected during the last rate hike.
OTHER WATCHES
FTWR looks ready to break the 4.59 level. It may trade sideways for awhile then break. However, if the market is significantly weak this week then we may see a significant pullback. Strong support at the 50ma 4.43.
HLIT looks extremely overbought here. All indicators display overbought levels and with possible market weakness this week, this may be a good short play. First support is 8.25
FIX watch this to fill the gap. It may not occur here if there is market weakness, but may occur when strength comes back to the market. NOTE this is a low volume stock. Indicators show it is overbought, so with weakness this may be a good short play with a long buying opportunity with any signs that the 13 and 12.26 supports hold.
LIA is resuming trading. Watch to see how it performs.
CLWR looks oversold. Support is at 5. Indicators show oversold levels. Look for a bounce but watch for weakness in overall market to affect pricing.
BGZ is at an all time low here. Indicators show it is oversold. It tracks market inversely so a weak market may be an opportunity here.
MCOX is 6% from its 52week low. Look for it to break 7 for a slight run. Becareful as there are fraud allegations surrounding this so news may kill it. Lol
HLCS is 9% off its low. It may be ready for a move north since there is positive voume and it has been trading sideways for a few days. A move to .13 is possible.
ESLR has been having problems as of late, but look for it to break .6 and it can move to .65. It is oversold, but the rate hike in china may hurt it since it is looking to expand there and this may run up its costs.
DUSA watch this to play near the 50ma. MACD shows it is ready for a run up. All other indicators are in mid-line. Look for a pullback to support levels at 2.45 & 2.4. NOTE this is a very low volume stock.
GTXI just broke a little but this can still run. It has near resistance at around 2.8 but if it can break it may run to fill the gap above 3.14 the 200ma. RSI and MACD is bullish, RSI is mid-line. It has many supports at the 20ma of 2.7, then around 2.65 then a strong one at 2.57.
With current news that China has just raised its interest rate, we should see the markets post some losses on Monday. The last time they did this Oil and other commodities took a big hit, but then rallied in the following days to come. This may be a good opportunity to short some positions followed by a buying opportunity when signs of a rally begin to emerge later in the week or the following week which begins the new year.
OIL this took a hit during the last PBOC rate hike. Look for another weak showing on this rate hike and the fact that crude has hit a high recently and may be due for a pullback. Indicators show overbought levels as well.
PBR* took a hit during the last PBOC rate hike which lasted a few days. Look for a repeat action as the chart looks similar to the last rate hike. Indicators are in mid-line levels with Stochs showing overbought levels.
MRO looks overbought here by all indicators. It recently posted a red candle and is near recent highs. The rate hike should exacerbate the rundown.
SU* looks overbought as well here and took a big hit during the last rate hike. Look for a pullback amid the high levels and global news.
COP watch for a big dip here.
TRE showed some big declines during the last rate hike as well. Stock looks ready for a pullback although the dip may not last long.
NGD may be ready for a pullback as it has recently reached high levels matching those in 2008.
UUP & UDN both track the dollar which was highly affected during the last rate hike.
OTHER WATCHES
FTWR looks ready to break the 4.59 level. It may trade sideways for awhile then break. However, if the market is significantly weak this week then we may see a significant pullback. Strong support at the 50ma 4.43.
HLIT looks extremely overbought here. All indicators display overbought levels and with possible market weakness this week, this may be a good short play. First support is 8.25
FIX watch this to fill the gap. It may not occur here if there is market weakness, but may occur when strength comes back to the market. NOTE this is a low volume stock. Indicators show it is overbought, so with weakness this may be a good short play with a long buying opportunity with any signs that the 13 and 12.26 supports hold.
LIA is resuming trading. Watch to see how it performs.
CLWR looks oversold. Support is at 5. Indicators show oversold levels. Look for a bounce but watch for weakness in overall market to affect pricing.
BGZ is at an all time low here. Indicators show it is oversold. It tracks market inversely so a weak market may be an opportunity here.
MCOX is 6% from its 52week low. Look for it to break 7 for a slight run. Becareful as there are fraud allegations surrounding this so news may kill it. Lol
HLCS is 9% off its low. It may be ready for a move north since there is positive voume and it has been trading sideways for a few days. A move to .13 is possible.
ESLR has been having problems as of late, but look for it to break .6 and it can move to .65. It is oversold, but the rate hike in china may hurt it since it is looking to expand there and this may run up its costs.
Watchlist 12/20/10
DDR has made a big move recently. Look for this to continue since indicators show a trend continuing. Watch at the open to see how it trades.
ASTM look for a pullback to recent lows as a buying opportunity. If it opens strong, look for a run to fill the gap.
DRYS had a recent golden cross and may be a buying opportunity at 5.79. Indicators show a continuation for the uptrend.
EK watch this since indicators show it may be overbought.
COCO watch this since indicators show a possible uptrend continuation.
LNCE is showing signs of being overbought. Look for a short opportunity.
PDM should be watched to see how it opens. It may pullback here, but may test recent highs again.
VVTV look for a pullback entry since this had a recent golden cross.
ASTM look for a pullback to recent lows as a buying opportunity. If it opens strong, look for a run to fill the gap.
DRYS had a recent golden cross and may be a buying opportunity at 5.79. Indicators show a continuation for the uptrend.
EK watch this since indicators show it may be overbought.
COCO watch this since indicators show a possible uptrend continuation.
LNCE is showing signs of being overbought. Look for a short opportunity.
PDM should be watched to see how it opens. It may pullback here, but may test recent highs again.
VVTV look for a pullback entry since this had a recent golden cross.
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