Thursday, July 21, 2011 9:31:26 PM
Thought I'd post a couple of stocks currently on my watchlist...
$JAMN - Reversal play, calling in the chat room, expecting more upside here. RSI is still oversold
$CNOZ - Seems to be gathering some MOMO, could run like last time.
$MSMY - Bulls keeping this above .07... rumors of a promo coming soon, not much downside here.
$REDF - Surprisingly broke the channel it was trading in. Expecting a large bounce of the 50 day MA... most likely on Monday. If it doesn't hold the 50 day MA, it's a strong short.
$PDOS - On watch for a run before the movie comes out it's debuting at comic con this weekend, the company might not have the greatest balance sheet but it's got lots of eyes on it
$TYTN - Bounced nicely from the 200 day MA. A break of the 50 day MA will send this into full breakout mode IMO, tomorrow will make or break it
$BRYN - Gorgeous white candle today, looks like it'll have plenty of momo, will be on watch for an entry point.
$GRMC - Had huge volume the other day and great bid support, something's definitely going on here
$JAMN - Reversal play, calling in the chat room, expecting more upside here. RSI is still oversold
$CNOZ - Seems to be gathering some MOMO, could run like last time.
$MSMY - Bulls keeping this above .07... rumors of a promo coming soon, not much downside here.
$REDF - Surprisingly broke the channel it was trading in. Expecting a large bounce of the 50 day MA... most likely on Monday. If it doesn't hold the 50 day MA, it's a strong short.
$PDOS - On watch for a run before the movie comes out it's debuting at comic con this weekend, the company might not have the greatest balance sheet but it's got lots of eyes on it
$TYTN - Bounced nicely from the 200 day MA. A break of the 50 day MA will send this into full breakout mode IMO, tomorrow will make or break it
$BRYN - Gorgeous white candle today, looks like it'll have plenty of momo, will be on watch for an entry point.
$GRMC - Had huge volume the other day and great bid support, something's definitely going on here
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