Stock Watch 5.31.11 ” Conviviality””
Now that the typical Memorial Day cookouts, libations and conviviality are complete we can get back to making some money. It’s a short week so I want to jump on some good trades early.
Previous watchers still in play. OPXA VRML RXII CDTI
ZAGG
Could be a nice run to the double top area of .10.60 ish or just another failure for this stock. If it can cross 10.60 could be a multi day runner.
FTWR
I would like to see one more pop in the morning to short this stock. It could still breakout above $2 but probably not much higher
SPPI
I’m looking for a rip through $9.35 for a long. It may just lay here for a few days before making a push. If the patter starts to arch I may short as well.
DRL
This thing is on a nice breakout. I might be late to the party but I’ll watch it on Tuesday. At these levels I may wait to short.
