Good evening.. here are the stocks that showed up on today’s IBD200 that are technically attractive and under $20.
PWAV – I’m looking for a breakout above trendline resistance (currently long position)
SKH – Long above horizontal resistance line. Would like to see it resume trend above sma20
PLAB – Looking for bounce off of $8 with volume. May need a day or two confirmation that $8 will hold, but this might be a nice bottom bouncer to have an eye on.
BRNC – I like this chart. Nice tight triangle with great volume accumulation with nice cross on Stochastics 14
TER – Needs to get north of SMA10, then we’ll watch volume and see if buyers are coming in.
MCZ – I like it over 1.80 and as long as it stays in this triangle. The only concern is volume
EGOV – Nice bull flag on the daily. Looking for buyers on break above top trendline.
SSN – this is more of a scalp setup than a swing. Watch for intraday moves.
