New On the Long Watch List

Check out my latest long swing/scalp ideas for Monday – would help if the market could hold these levels or rebound back up for a few days…

F – I struggle to find love in the auto industry right now, but F tested horizontal support Friday and will be worth watching Monday for possible swing entry long if it holds.

BDSI – Building a little flag against 5.00 with nice volume last week. Looking for possible breakout here.

PPHM -  .70 was previous support and now resistance.  If it moves though with volume, I way swing.

TELK – I like it.  Yes, it released news Friday morning about basically sold off the rest of the day, but it is now on trendline support and the sell-off was likely from all of the cold feet Friday.  I might swing long if it holds trendline.

COIN might be an interesting swing off trendline support. Needs a volume pop.

CPST – sitting on mild horizontal support and MA50 with turning STO. Looking for support bouce long swing.

ZHNE – Triangle consolidation on MA50 support.  Worth watching for breakout.

NXG – Strong horizontal  and MA50 support. Long swing with stop just under 2.50.

ONTY - Held support Friday. Time to swing back up?

CLDX - gotta watch $ for possible momo breakout tomorrow.

GERN – Can GERN hold horizontal support and MA200 with bottoming Full Sto?

Others (less setup, but worth watching):

XOMA might have bottomed Friday.

CRXX – turning Full Sto.

INO – trading in a box.  Could move, but I worry about H1N1 speculation plays right now.

CHINA – weak horizontal support with trendline support.

Tags: BDSI, CHINA, CLDX, COIN, CPST, F, GERN, INO, NXG, ONTY, PPHM, TELK, XOMA, ZHNE

My Charts Performance

Here are a few charts that I’ve tossed out on TwitPics that have moved recently – most up following the market, a few down. I’m hoping to track which setups seem to perform better than others.

This list doesn’t include the stocks I added yesterday (natural gas setups):

$DENN – Posted on July 10th, price 2.18. Big move today pushed it up to close at 2.50 (9% move).

$PPHM – Posted on July 30th, price .81.  Closed today at .80 (flat).  What’s wrong with this setup?  Maybe nothing…. possible that it just hasn’t moved yet. Worth watching.

$YRCW -Posted on July 30th, price 1.66.  Closed today at 1.66.  This stock never broke horizontal resistance at 1.75.  Fail.

$CVM – Posted on July 30th, price .44.  Closed today at .56, but reached as high as .63.  Huge returns.

$HEB – Posted on July 19th, price 2.34. Has since fallen below support.

$CPST – Posted on July 10th, price .76.  Closed today at 1.16 – MASSIVE MOVE up 35%.

The good news is that none of the losers registered a buy indicator.  In other words, they were setup, but never broke through resistance or key technical level that would have triggered a long position.   The winners, of course, did.  PPHM has still not broken out (created a buy), but is still setup and worth watching.

This is encouraging.  I feel that if I stick to strict rules that I’ve established for myself, it is statistically favorable that I’ll profit.  Keep it simple and stick to your rules.

Tags: CPST, CVM, DENN, HEB, PPHM, YRCW

End-of-Week Watch List Cleanup

Time to clean up the Watch List so I can start fresh on Monday..

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Tags: AGEN, ARDM, ARNA, ATVI, BEE, CDII, CEGE, CPST, CTIC, DPTR, FNSR, FOE, FTEK, GA, GNBT, GNVC, HEB, HSTX, MGM, RAD, SPPI, STSI, UCBH, WMI

The Daily Scan

I’ve been preachin the love for $HEB and I finally got the breakout I was looking for.  There are numerous reasons I like this stock and I think it should have enough legs to get to 3 in the short term. we’ll see.

$CPST – Full Sto is shooting up with congestion price movement. I’m looking for the breakout through MA200 soon.

$STSI – RSI and Full Sto moving up with strong volume – breakout soon?

$AGEN – Will AGEN hold MA50?  If it does, I could swing it long.

$SPPI - Improving volume and rounded bottom on Full Sto.  Could be an interesting long swing play here.  Watching for MA20 support hold tomorrow.

$HSTX – Above 6.75

$FOE above 3.25 horizontal resistance

$FNSR – Nice move through MA200.  ADX crossing. Might be an interesting swing long here.

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Tags: AGEN, ARDM, ARNA, ATVI, BEE, CDII, CEGE, CPST, CTIC, DPTR, FNSR, FOE, FTEK, GA, GNBT, GNVC, HEB, HSTX, MGM, SPPI, STSI, WMI

Watch List Catch Up

OK. It’s the weekend and time to look back at the stocks I tossed on the watch list on July 5th.  Yes, I know.. I wanted to add more, but time was not something high on my availability list last week.

The big winner was $DAN on Friday – kabbbboooommmm. I, being away from my computer, of course, was unable to get the move, but I was able to play the $AXL follow for some good coin.

$XOMA – I’m not too interested unless we get through MA50 again.

$CPST is begging to collapse under $.75.  I’ll likely not play this for a swing but could be interested in any kind of intraday move (scalp).

$SAY was a big winner this week, as well, with a perfect move through MA20.

Outside of that, I don’t like the way the other charts are setting up.  I’ll write separately on solar plays.

Tags: CPST, DAN, SAY, XOMA