Stock Watchlist 12.27.10

Stock Watchlist 12.27.10

Stock Watchlist  RPRX BANR OPXA URG REDF RPC

Scanners : SNIC

Others XOMA

Well all of us should be semi rested after the holiday, unless you had family that wore you out. This is the last week of the year and is notorious for low volume. We have to focus most of our attention on XOMA. This has been a relentless short killer but it will be broken down either Monday or Tuesday. I was unable to find shares but I’ll be on the phone early to locate some.

RPRX

Chart is on steroids and so is the company. A positive study of Androxal in testosterone hormone replacement therapy gave it a boost.  Stock will not hold up for very long on mid grade news at best.

BANR

Two parabolic days should come to an end soon. looking for a short around 2.30/2.40. Will be patient because this market is stingy.

OPXA

Pay attention to the $1.80ish area as a solid level of resistance. I don’t think i has the legs to bounce into the $2’s so if there is any a.m. strength this should be a low risk short

URG

Energy has been on fire as of late and I like this cheapy for a daytrade breakout. Broke Out on the daily chart Thursday and should continue a little mire Monday

REDF

This is setting up to explode in one direction or the other. There is a doji star on the daily but two days before REDF was a bull flag breakout. 5.20 is key breakout level below that it is a short.

RPC

I like to short tall wicks and this has a nice wick fade from Friday highs. I like a short below .82c. Not interested in buying on strength

SNIC