For entertainment and/or education only. I may be long, short or out of any of these stocks, and positions may change in a flash. . .
Long list today . . . I'm gonna look at them really carefully before doing anything--some of these charts are almost "too good"
GSIC short weakness, stop at 13.5
BBG short weakness, stop 28.5
SCH short a break of 10
DCX short a break of 44
ERTS short a break of 54.5
FMBI went right down and closed at the previous low of 32.02. Where now?
MKC short weakness stop at 35.4
MRX short weakness stop 30.5
MDTL short weakness, stop 15
ALAN might be a long if it stays above 1.00
BE buy strength, stop at 8.35
CPC still waiting to see some strength, 16.9 is the stop
CVO if you buy breakouts, here it is, stop at 4.1
CBAG long stop at 2.1
LEXR might be a look stop at 5.8
NUCO breakout stop at 25
PRZ another breakout above 4.5
USU long stop at 16.5
pennies
ASPC it has "space" and "com" in its name. Long, stop at 0.78
CGYN long, stop at 0.5
How to use this list. And don't forget the disclaimer . . .
Monday, March 28, 2005
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2 comments:
SCH looks like a potential reversal play to the upside as it is extremely oversold at these levels. A break of $10 would set it up for a move back to $10.75-.80. I'll be looking for a potential tail to be formed today.
Appreciate your lists !
You could easily be correct about SCH. I view S/R levels rather simplistically--a solid break of it is a short, if it holds it's a long. A lot of it depends, of course, HOW it breaks 10 (if it does) and for how long, etc. Still, you pays your money and you takes your chances, hopefully with the odds at least a little in your favor.
Thanks for reading and commenting!
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