Watch List - Well Positioned to Move Higher

This morning I posted eight charts of names well positioned to move higher. The eight included CKFR, AVII which I traded today for nice gains. It also included ESRX, EXPD, GRMN, MESA, MCHP, and ZEUS. MCHP had a nice move off of support, but I missed it. EXPD also opened strong but I couldn't get to it in time. All of these names are still on my watch list with the exception of AVII which closed on weakness.



New names that I am adding to the list include CYMI, which I would buy on a pullback to gap support ($46.80) or on a break of $48.00. The SOX is still showing a lot of strength and may need to consolidate before retesting its highs. My watchlist also includes the leading semis as follows: BRCM, LRCX, NVDA, TRID, and ZRAN. However, for tomorrow I am focusing on CYMI and MXIM both of which have pulled back from their highs. MXIM has just formed a bullish engulfing pattern.