Wednesday, April 19, 2006

Watch List - Long - MCHX, MXIM, CTXS, AFFX

Watch MCHX on the open. Looks like it wants to breakout after successfully recapturing its 50 MA on a closing basis on high volume. Short interest on this name is 25%.

As long as it doesn't breach support at $37.00, MXIM looks ready to move up from here.

CTXS reported stellar earnings in AH. Traded as high as $40.42 in AH trade. Next level of resistance is $45.50.

AFFX is trading slightly lower AH. A pullback on the open could be a good buying opportunity as long as it doesn't breach support at $34.00.

No comments: