Stock Watch 4.18.11 ” Playoff Beard”

After a solid trading week I wanted to relax this weekend but it’s NHL playoff time. I cant get enough of the hits and those cool playoff beards. For those that don’t follow hockey it’s a tradition to not shave while you are in the playoffs. So by the time the 2 teams make it to the final they look like Grizzly Adams. I have decided that as long as my team the Pittsburgh Penguins are alive in the playoffs I too shall not shave 🙂 If they make the finals I should be sporting one manly beard. I promise I will send each of you a photo. For my trade plan Monday I want to look at a few featured plays. I’m looking at shorting GTXI SWSH and BLTI. I was unable to grab shares of SWSH but we’ll see Monday. or a long I like EXEL. New charts and plays are listed below.

Watchlist Longs : TSON STEI DHX

Watchlist Shorts KITD IDN

TSON

Stock is tapping on highs . Anything above 5.20 is bullish. I do think this is an early a.m. move followed by a retrace in the afternoon or earlier. This is a both long and short play

STEI

I would like to get in this long on a break of 8.40 If it cant do that I’ll scratch this off my list. Chart says it’s ready

DHX

A strong technical breakout at 16.31. Stretched a bit higher than I would like but I will pay close attention to it. Could also be a short if it’s a gap up and run.