Stock Watchlist 12.13.10
Stock on previous watch still in play ( no charts ) URRE (short) LOCM ( short ) DEXO (short)NENE ( monster )
Scanners ( Only Charts ) CBPO BPOP
A tight two days ( Thurs, Fri ) has me itching to get back in to trading. The market hasn’t favored my strategy the last couple of days but that sometimes happens. I’m not changing my strategy. I will wait for the trades to come to me. That’s how it works. Be patient and you will be rewarded.
PZG
On of the last miner stocks to get moving but it moved heavy Friday. This sector is strong so probably a gap up and a.m. run may go long for a quick scalp but will also be standing by to short when the party is over.
MGIC
This chart is basing up hear and is going to explode in one direction or the other soon. I bought on Friday thinking it would punch through $7 with authority but it let me down.
EXK
A nice looking breakout chart taking a walk up the trend line. Looking at a long around 7.20. This is a slow player but worth a watch.
SNMX
Been in a week long run as have most stocks. This is up quite a bit so I’m looking for a place to get short. Will proceed with caution as the market has been stingy for shorts.
ZAGG
This looks poised to breakout but I’m sketchy on buying ZAGG. If there is a.m strength I might buy and short the fade. If the dips get bought I may try a long.
CBPO
BPOP
