I'm adding KKD to the watch list as it has a very bullish base on the weekly timeframe.
The best setups are CAL and MNST because they both observed their respective breakout points as support and appear poised to reverse after the pullback. KKD is a continuation setup with a short-term target of $13.00. GROW is a long on a break of today's high. INFY could also break on more volume. The remainder need more time to develop.
4 comments:
I like the MOMO Watchlist...thanks for sharing.
Thanks X. Hope it generates some trading opportunities soon.
Thnx for the list. first: Do you think NYX deserves our attention here. Had two NRBs in a row on low volume and it's sitting on the 50 day. second: I thought you might find this very interesting. if you go to nasdaq.com and look for the 'unusual volume' movers. You'd find some great dummy setups. Both bullish and bearish. I'd be very interested in your feedback.
http://www.nasdaq.com/aspx/unusualvolume.aspx
good luck!
Basim.
Hi Basim,
Thanks for the info. If you have identified some good dummy setups on the unusual volume list, could you type in the symbols for me as I don't have time right now to go through the entire list.
NYX is always on my watch list, however, I'm not sure which direction and when it is going to move. I would be a buyer on a low risk entry above $100.00. Another stock which is hot right now that I forgot to mention is MA. I'm looking for a break of $108. I think it may challenge its all time high of $110.00 on a successful break of $108 and that could happen today.
Good Trading!
Post a Comment