I’m all giddy ahead of the trading day tomorrow because I have no idea what to expect – the trend is up and the trend is your friend, but the market follows rules until it doesn’t :). I’m currently holding the following positions long and am itching to go short somewhere… we’ll see.
CPE full position
NANO 1/2 position
BRCD full position
RAS full position
A few that are getting some twitter chat this evening that are definitely worth a look…
- ATPG – heavil short interest with a pretty good looking chart
- YRCW – Union agreement out of the way – might go this week. Action will be crazy in the moring.
- RIG – I think people want this to go more than the fact that it’s ready. Either way, worth a watch
Stocks I’m watching WITH market strength this week:
SOLR – considering the moves in solar lately, SOLR is one to watch here at horizontal resistance. Would like to see a move above 8.05 with 8.75 target and stop just above SMA50. YGE is also interesting technically – Testing SMA200 (again) on positive MACD cross.
CLS possible swing over 8.29. Nice volume Friday on Barron’s article.
CREE – testing horizontal resistance on improving MACD and RSI14 approaching 50. Possible swing above 52.5 with 57.5 target.
CMG – Been on a great move, but not necessarily over bought here. Strong market could keep this one going.
ALTR – gets through resistance and now setting 52 week highs on improving volume. Possible swing from here with stop at July highs.
CMCSA has a ‘look’ to it that is keeping me interested. Looks swingable above 18.60. I’m always a fan of SMA200 with a nice steady move up.
VECO – triangle consolidation on decreasing volume and bullish MACD/RSI. Watch for a possible move soon. Could be a scalp in here somewhere.
NUVA broke out of bull flag on daily chart. Looking for possible continuation.