Wednesday, August 15, 2012

Watch List 08/16/2012

Another slow summer narrow range day. Kind of environment if you want to trade , it better be fast and quick. No rush to jump in as soon alert triggers.  Alert PCRX worked after going red to green mover at 17 from 17.60. If you blinked , you missed it. I bough some 17 and sold 17.35. It went up to 17.60 very fast and i blinked and missed the sell. XNPT  8.82 worked a bit to 9.02. ZNGA 3.06 triggered and went nowhere. Still like ZNGA since its holding 3.
My best trade today was a non watch list name SRPT. Big gains on that one. Click the image to see the trade.

If you are interested in trading these setups with me and learn trading, live in a chat room with a super team of traders, please send me an email for info. 

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ALXA Bio. name. This one should have faded already  but didn’t  so watching over 4.02 for a scalp.

CMRG Not a bad pattern but thin  retail stock.

CTCM Stock flagging after big volume run. No clean number but watching  8.75 area.

EA Could be a trade over 13.16.

ES  We caught the break out on this one at 1.90. Stock still acts strong, back in watch for a trade. 2.44 recent high.

FN Both 20/50 MA being a ceiling  for this stock. Watch that number for pop.Thin stock.

GFA 3.60 area is a big area for this stock.

HALO This one looks interesting . Over 6.13, that’s a big gap to fill. Needs huge volume.

IM Over 15.85 for 50 MA target trade.

INVN Looks good over 14 if no gap up .

NSIT Flagging after earning run, watching  15.65 area for movement.

SMBL  Watching 12 in case  it gets going.

TUMI Bouncing off 8 EMA. Maybe over 21.45 for a continuation.

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