Stock Watchlist 1.10.11 ” Scalpers Delight”
Friday was a ” Scalpers Delight”. I came to a point when so many charts were on a breakout I just started pre placing orders at the days high so I wouldn’t miss the trade. Most of the worked out except for that trashy MCP. I ended up doing more trades than I could alert and I was unable to update them on my trade list this weekend. Anyway I have no intentions on using that strategy Monday.
Scanners : ( No analysis on scanners ) KLIC ISYS
Previous Watchers: REE MCP OREX EXEL
AFFY
Fire your CEO and all is good for a 16% pop in your stock price. The board must have hated that lady but don’t you think that 16% is overdone. That is unless we don’t know something. Watch for increased a.m. buying followed by fading.
AERL
Pretty good two day breakout going here. Traded in and out on Friday but should have focused on something else. The chart is verry messy. I doubt I will play it Monday if it’s still in slop mode but I;m leaning short at the moment.
NCT
Probably poped higher from the declaration of B and C preffered stock dividend. Was a good technical breakout from 7.10 so we’ll use that number as a baselie short term support.
LNG
Rolling along with the rest of the energy’ but this thing is all over the place . If you play it you have to be wide with the stops. Short on spikes and buy on dips.
ZIXI
Big folume surge on the 4.50 break out. Volume was high all day matching December 7 th’s surge. I’m leaning towards a repeat of Dec 8th. I morning run and then some fades. How much fading? We’ll have to see
LOCM
Good old LOCM was inalated on Friday, just ugly. I wouldn’t chase a short down this low but a buy off the oversold conditions may set up a nice trade and if the rebound is large maybe a short will open up.
KLIC
ISYS
