Stock Watch 3.2.11 ” Repeat Offender”
Another sweet day in the chat room. I had a couple of overnights (BLDP Long and HDY short) that turned out real nice the first half hour of trading. However, it was the ZNshort that was awesome. Lately the shorts have just been slow grinds to the downside but this think tanked 7% in a minute. Love that action. For Wednesday I want to focus on some repeat offenders , stocks that are always on watch. As I type this the futures are down a bit and if tomorrow is a red to mild up day these stocks are due to violate strong support lines.
All stocks are daily breakdowns except for SONS and ZN
No write up on these stocks. Look at the support line. You’ll see what I mean. If you want real time alerts Click here.http://thelincolnlist.com/subscribe/
Watchlist SONS ZN INCY SHZ CCME CROX KLIC LOCM DEPO ARAY AMRN
SONS
Good earnings runner that should be worth a few percent to the upside. However , this acted up some intra day a few times it looked like it would drop but then it would bounce. If bullish look for pullbacks to load up
ZN
Spot on short play for me Tuesday. I think the drop was some profit taking followed by stop loss tripping. I also think it will pop a little in the a.m. followed by a fade in the afternoon.
All charts below are on short watch. Rule. : Do not chase gap downs and pay close attention to the battle that’s put up at support
INCY
SHZ
CCME
CROX
KLIC
LOCM
DEPO
ARAY
AMRN
