Stock Watch 5.26.11 “Speechless”
Some things are better left unsaid. Besides, I have nothing to say as it was a late night for me. I’ll make up for it tomorrow but sniffing out some nice plays. See you Thursday
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GMO
Bumping off the bottom from a beaten up chart. Lots of possibilities to go higher or just fold. High volume should keep it going.
This is inches away from breaking down on the daily, The volatility is gone but if you hold for 2 to 3 days I think this falls to under 4
RPTP
Featured as a long yesterday but now this chart is worth a short look. Pretty stretched here.
Setting up as a long. This has to go above 3.30 or I’m not interested. Sometimes the chart is sloppy
CGA
This char is in death mode. With lots of volume this could enter the squeeze zone and bounce heavy.