Monday, January 9, 2012

It's been a week...Watchlist time

So I've been studying trying to perfect a specific pattern in trading lately...so I haven't posted in a while. I am watching a nice group of stocks ready to breakout, or that have settled nicely. Not much extensive research on all of these because I don't have much time.

1. PEIX - I like this one if it can hold $1.00



2. FOE - I like the break of 5.19. Short interest sitting at 5 days with 7% short. I like the increase in volume the past 3 days. This is actually my top watch for tomorrow.



3. AMD - 14% short 6 days to cover. I like the bump off consolidation



4. DVAX - I like this on a morning pullback.

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