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.



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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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