Market still pretty ugly with most bounces getting sold. We need to re-establish that 50dma to head back into the safe zone for the bulls. The 1357 level needs to hold on the spx or it could get ugly. Most setups I am looking to play are pullbacks to established support areas or news driven plays. Not holding much overnight at the moment.
XIN- bounce off suport.. 50dma moving average and horizontal price support at 3 bucks.
INAP- big breakout over 7.96
SIMG- on watch for a snapback
OPWV- stock is flagging
CXPO- stock in an uptrend.. on watch for a bounce around this 20dma
P- stock getting really tight in a base. should pop if that 9 breaks
KGJI- short watch if it goes parabolic
NEWL- support bounce at this 50dma.. look for volume
