DPTR (Delta Petroleum Corp.) had a big run the last few days on no noticeable news. RSI is overbought, but MACD and Stochs look like there is still some upside available. Watch for signs of reversal on the intraday chart.
ICO (International Coal Group, Inc.) may be on the verge of a breakout if it can beat 9.78 although the real break is above 10.00. It's riding a big uptrend, but has had declining volume. Indicators are mid line as well so caution is advised.
EROC (Eagle Rock Energy Partners,L.P,) may reverse course soon. This may not occur this week, but it should be watched. Still has room to tag upper bollinger, but then a decline may ensure from there. MACD and price seem to be diverging. Just watch.
GLDD (Great Lakes Dredge & Dock Corporation) posted a bearish engulfing pattern. Confirmation is needed, but it may look to retest the recent low near 7.20. Look for a possible run to 7.65 with a dip following.
UTA (Universal Travel Group) has a recent golden cross and has bounced off the 50sma. Watch at the open and be wary of gaps up. Look for a pullback to previous close or the 50sma as long entries. A breach below the 50sma is a stop.
Watchlist 02/22/2011 Review
CMRE (Costamare Inc) would have netted a quick 3.5% gain on an entry below 16.80 and an exit at 16.26. An overnight trade.
KV.A (K-V Pharmaceutical Company) was sketchy but dropped from 9.50 to 7.42 a 21% gain!!!!
REV (Revlon, Inc.) went for 15.50 but only made it to 15.28. It then died going from 14.75 to 13.67 on Wednesday, a gain of 7%!!!!
SBGI (Sinclair Broadcast Group, Inc.) failed to break 13 and dipped from 12.98 to 11.86, a gain of over 8%!!!
USU (USEC Inc.) went from 5.70 to 5.15 which doesn't include the run up to 5.90. The dip was a 9% gain!!!
ELN (Elan Corporation, plc (ADR)) from the 50sma of 6.44 dipped to 6.14, a gain of over 4%!!!
FTK (Flotek Industries, Inc.) off the 20sma dipped from 6.78 to 5.82, a gain of 14%!!!
CSE (CapitalSource, Inc.) was null because it gapped down on Tuesday's open and never traded above the Friday low. It would have been a good short, but there was risk with the gap down.
The oil stocks were all dead plays which never ran. BPZ lost me some money as it dipped and I attempted to play a bounce. Lol
KV.A (K-V Pharmaceutical Company) was sketchy but dropped from 9.50 to 7.42 a 21% gain!!!!
REV (Revlon, Inc.) went for 15.50 but only made it to 15.28. It then died going from 14.75 to 13.67 on Wednesday, a gain of 7%!!!!
SBGI (Sinclair Broadcast Group, Inc.) failed to break 13 and dipped from 12.98 to 11.86, a gain of over 8%!!!
USU (USEC Inc.) went from 5.70 to 5.15 which doesn't include the run up to 5.90. The dip was a 9% gain!!!
ELN (Elan Corporation, plc (ADR)) from the 50sma of 6.44 dipped to 6.14, a gain of over 4%!!!
FTK (Flotek Industries, Inc.) off the 20sma dipped from 6.78 to 5.82, a gain of 14%!!!
CSE (CapitalSource, Inc.) was null because it gapped down on Tuesday's open and never traded above the Friday low. It would have been a good short, but there was risk with the gap down.
The oil stocks were all dead plays which never ran. BPZ lost me some money as it dipped and I attempted to play a bounce. Lol
Some Oil Stocks
Since oil might spike due to mid east issues.
GTE (Gran Tierra Energy Inc.) is an independent energy company engaged in oil and gas exploration, development and production. The Company owns oil and gas properties in Colombia, Argentina and Peru. @8.92 now. Has been riding the 20sma which it has just bounced off of. Buy with addition on move to 20sma, sell below 20sma.
AAV (Advantage Oil & Gas Ltd.) is an intermediate oil and natural gas exploration and production corporation with properties located in Western Canada. @7.78 now. Has bounced off the 13ema. Buy with dips to 13ema sell on dip below 13ema.
BPZ (BPZ Resources, Inc.) is an independent oil and gas company focused on the exploration, development and production of oil and natural gas in Peru and Ecuador. @6.52 now. This looks overbought so caution is advised.
GTE (Gran Tierra Energy Inc.) is an independent energy company engaged in oil and gas exploration, development and production. The Company owns oil and gas properties in Colombia, Argentina and Peru. @8.92 now. Has been riding the 20sma which it has just bounced off of. Buy with addition on move to 20sma, sell below 20sma.
AAV (Advantage Oil & Gas Ltd.) is an intermediate oil and natural gas exploration and production corporation with properties located in Western Canada. @7.78 now. Has bounced off the 13ema. Buy with dips to 13ema sell on dip below 13ema.
BPZ (BPZ Resources, Inc.) is an independent oil and gas company focused on the exploration, development and production of oil and natural gas in Peru and Ecuador. @6.52 now. This looks overbought so caution is advised.
Watchlist 02/22/2011
CMRE (Costamare Inc) looks overbought. Will be watching for reversal confirmation. Earnings was the 17th and the following day, friday had little price movement. Is this done? Look for a dip below fridays low. This could definitely see a pullback on some profit taking which can be played for a quick short play then a long play on the dip.
KV.A (K-V Pharmaceutical Company) Watch for a pullback on profit taking. Risky play as this stock is hot right now.
REV (Revlon, Inc.) popped on solid earnings, but could see a dip soon. This could see 15.5 then die.
SBGI (Sinclair Broadcast Group, Inc.) could dip to about 12.5 Look for a dip below the previous days low.
USU (USEC Inc.) looks like it may have more downside. Bearish engulfing showing, A/D look overbought, closed below the 50sma. With market mid east jitters this could dip.
ELN (Elan Corporation, plc (ADR)) showing a triple top/hs pattern on increasing volume to the downside. 50sma held, but with market weakness this could breakdown. Also it is testing support again!! Look for a dip below the 50sma. The only strong bullish indicator is the Golden Cross. A run above the previous day's high could be a buy. Aren't I schizo.
FTK (Flotek Industries, Inc.) bearish engulfing. A/D overbought, MACD coming off high levels. Look for a run below the 20sma.
CSE (CapitalSource, Inc.) has more downside. Look for a move below the previous close and a dip to around 7.61.
KV.A (K-V Pharmaceutical Company) Watch for a pullback on profit taking. Risky play as this stock is hot right now.
REV (Revlon, Inc.) popped on solid earnings, but could see a dip soon. This could see 15.5 then die.
SBGI (Sinclair Broadcast Group, Inc.) could dip to about 12.5 Look for a dip below the previous days low.
USU (USEC Inc.) looks like it may have more downside. Bearish engulfing showing, A/D look overbought, closed below the 50sma. With market mid east jitters this could dip.
ELN (Elan Corporation, plc (ADR)) showing a triple top/hs pattern on increasing volume to the downside. 50sma held, but with market weakness this could breakdown. Also it is testing support again!! Look for a dip below the 50sma. The only strong bullish indicator is the Golden Cross. A run above the previous day's high could be a buy. Aren't I schizo.
FTK (Flotek Industries, Inc.) bearish engulfing. A/D overbought, MACD coming off high levels. Look for a run below the 20sma.
CSE (CapitalSource, Inc.) has more downside. Look for a move below the previous close and a dip to around 7.61.
Watchlist 02/14/11 Review Two
WATG (Wonder Auto Technology Inc.) was good on the first two days but for a small gain of around 3%.
OCNF (OceanFreight Inc.) was great on the 11th, but never ran since then. This is still cheap here and may run soon. However for the week this play was dead flat.
NEP (China North Petroleum Holdings LTD.) was a big winner which ran from 4.80 to 5.52 a gain of 13%!!!
JAG (Jaguar Mining Inc.) was another winner, running from 5.20 to 5.56, a gain of over 6%!!!
CAGC (China Agritech Inc.) never moved above the high of the 11th so it was never in play. It was a good play off the low on the 16th.
APP (American Apparel Inc.) never traded above 1.18. The gap open on the 16th was a trap which is why I don't like to play gaps.
AOI (Alliance One Intl Inc.) had a strange week. Monday was the best day with dips the rest of the week then a strong finish on Friday. This could still run above 3.65. Was a possible 3% gain on Monday.
OCNF (OceanFreight Inc.) was great on the 11th, but never ran since then. This is still cheap here and may run soon. However for the week this play was dead flat.
NEP (China North Petroleum Holdings LTD.) was a big winner which ran from 4.80 to 5.52 a gain of 13%!!!
JAG (Jaguar Mining Inc.) was another winner, running from 5.20 to 5.56, a gain of over 6%!!!
CAGC (China Agritech Inc.) never moved above the high of the 11th so it was never in play. It was a good play off the low on the 16th.
APP (American Apparel Inc.) never traded above 1.18. The gap open on the 16th was a trap which is why I don't like to play gaps.
AOI (Alliance One Intl Inc.) had a strange week. Monday was the best day with dips the rest of the week then a strong finish on Friday. This could still run above 3.65. Was a possible 3% gain on Monday.
Watchlist 02/14/11 Review
WATG (Wonder Auto Technology Inc.) looks like it still has more upside if support of 6.75 can hold. This dip can be a good buying opportunity.
OCNF (OceanFreight Inc.) might run soon. Stock is oversold. Shoulda, coulda at .80. May pick this up here at .82 for a hopeful run.
NEP (China North Petroleum Holdings LTD.) looks great. See my review below, but this has more upside. It can see a dip tomorrow, but the trend is up.
JAG (Jaguar Mining Inc.) had a great couple of days as well. It has more upside. There may be a dip soon, but the trend is your friend.
CAGC (China Agritech Inc.) looks like 9..20 held. This looks oversold and ready for a move to the upside. I will be watching for some kind of signal of a reversal, maybe a Doji or bullish engulfing. So this play may not be ready until Monday.
APP (American Apparel Inc.) doesn't look like it will come to fruition. The play above 1.18 never came. Ignoring this.
AOI (Alliance One Intl Inc.) had a nice run Monday, but died today. This doesn't look good here and will be staying away. Glad I missed the play yesterday.
OCNF (OceanFreight Inc.) might run soon. Stock is oversold. Shoulda, coulda at .80. May pick this up here at .82 for a hopeful run.
NEP (China North Petroleum Holdings LTD.) looks great. See my review below, but this has more upside. It can see a dip tomorrow, but the trend is up.
JAG (Jaguar Mining Inc.) had a great couple of days as well. It has more upside. There may be a dip soon, but the trend is your friend.
CAGC (China Agritech Inc.) looks like 9..20 held. This looks oversold and ready for a move to the upside. I will be watching for some kind of signal of a reversal, maybe a Doji or bullish engulfing. So this play may not be ready until Monday.
APP (American Apparel Inc.) doesn't look like it will come to fruition. The play above 1.18 never came. Ignoring this.
AOI (Alliance One Intl Inc.) had a nice run Monday, but died today. This doesn't look good here and will be staying away. Glad I missed the play yesterday.
NEP (China North East Petroleum Hldng Ltd.) Trade
NEP (China North East Petroleum Hldng Ltd.) had a nice run from yesterday. I missed this effing trade because I didn't like the gap up at the open yesterday. I also failed to notice the strong close yesterday above the previous day's high which would have been a buy signal. Live and Learn. Left about 5$ on the table there.
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