Stock Watch 2.25.11 “New Leaf”
Love the high volatility days the market has been giving us and these low float stocks are on fire. Friday it’ time for a new leaf. I’ve been trading the same group of stocks for a while so I put in some research Thursday night and found some high RSI probability shorts, regardless if the market rallies to the moon. Not to mention the crazy oils should make our pocket fat this weekend.
Big day in the trade room with ROYAL LNG KOG and more .Join the chat room here http://thelincolnlist.com/lincolnalertschat/
Watchlist ROIC MALL EFUT CRED ELOS OCLR
Previous watchers still in play ROYL BDCO MXC
MALL
RSI levels are reaching my short radar. I’m looking for a $10 print and then short. If no solid run towards 10 I’ll try a short on weakness
ROIC
In line guidance kept the stock up. The way the pattern looks it seems to have been priced in. I like the advantage of a solid play in both directions
EFUT
Big volume for this stock anyway. I like the look of this chart as a two way play and the trade is not that crowded. Plus that is a funny ticker symbol
CRED
Nice oil play that popped up on scan. love this chart as soon as the oil fiasco is over this thing is coming down. Good play for those who want nothing to do with ROYL
ELOS
Sweet set up here that resembles HERO, Probably too late to grad some upside profit but shorting this could be fun.
OCLR
Like this one for more upside. It may trade more shares than I normally trade but I’ll watch it for a play