Wednesday, December 7, 2011

Watchlist Dec 8, 2011




Well, sold out flat on the DEXO trade. If I were to get a grade on this trade, I would receive an R- for being a Retard. Anyway, on to the good stuff...
  1. ENTR - I am looking for this one to continue to break out of this bullish flag it's posted the past few days. I entered on the break at $5.51, with a price target of $5.85. I love seeing stocks break out of range on 30 min and daily charts simultaneously...and to add to that, a breakout when the RSI is sittin around 55-65, it's like freakin Christmas morning. I would love if this breakout does what RPTP did here recently...

  2. PEIX - Pacific Ethanol... Had some amazing earnings a bit ago. I think this one will be a good pick off the 20dma (1.19). I think it's good for a nice .30 gain at least in the next few days. Watch that 20dma tho, cuz if it fails there be careful.

  3. GMXR - January effect or not, @wiserguy1971 brought this to my attention and I love it. We've seen some big insider buys here...nearly 150k in this month. When a stock takes a strong move up, trickles down a bit, and romps back toward the original direction it tells me its very bullish. I like a 1.41 entry here with a goal of 1.73 at least. It may run to 1.94, the 50dma.

  4. CEDC - Great bullish opportunity here. Tappin on the 20dma is beautiful. 5.23 break will send it to 6.05 easy. ....... and as I write this, I just realized it is already at 5.65 AH's... Crap. Well. I'll post the chart because it looks nice and is a good example of bullish behavior. Could be a good entry on a pullback.
  5. WINN - Short interest is 17% with 11 days to cover. I'll take it on a pull back to either the 8dma (5.28), or a r/g (red to green) move.
Stocks also on watch:
1. AEN -- currently long
2. OPTT -- wanting a short position
3. AEZS -- possible revisit to the 50dma or break of 1.82

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