Here are a few stocks that I’ll be watching tomorrow. Don’t forget to check recent blog posts. Most of them are good until they fail to breakout or something changes.
OK, here we go:
I was going to do a separate blog for solar stocks, but I ran out of time this evening. Instead, I’ll feature a few solars here that I like (Chinese). If you were in the boom factory (gold) this afternoon, you probably saw the LDK discussions. LDK finished very strong and is up after hours. This is one to watch. Check out the daily chart – as you can see, the best entry would have been today on the move through descending trendline. However, there is a lot of upside potential here, so I’ll keep an eye on it.
JASO is currently in a consolidation pattern with decreasing volume. Entry here would be a move out of top of triangle around 5.10. We’ll see if the sector supports.
SOL – Lots of history of SMA200 support. If it holds, SMA200 could offer a pretty good entry for swing up.
Other stocks I’m watching tomorrow:
DSCM – breakout candidate above 3.60
YTEC – possible swing above 3.89
RAD – as you can see, RAD has tested that top trendline numerous times and has failed to move through. However, I’m digging the setup. If we get through, we could run. Keep an eye out for possible scalp or swing here.
MU – I still like MU. I scalped it today, but might be looking for a re-entry tomorrow.
WNR – testing trendline resistance and SMA100 with volume. Worth watching for possible continuation tomorrow.
That’s all for now – see you in the Boom Factory!