Tuesday, August 14, 2007

Watch List


TTI and NVDA watch list trades. If TTI carves out a higher low, it could attempt a trendline break. NVDA still has good volume but today it filled the gap, so I suspect it will consolidate.
B&B dailies for tomorrow AKAM short (target $30.00) and BIIB long (next major resistance $63.00). A few stocks coming back to their PPs after BO long and retracement - AMLN, PAYX.
Also watching NTAP but may take a little time to develop.


3 comments:

Bubs said...

Thanks for the list

AJ said...

Hi Jamie,
Thanks for sharing. AKAM looks interesting. What are your thoughts on PLCE? It looks very similar to the AKAM chart..
AJ

TJ said...

AJ,

If PLCE breaks below $30.00, the next PP support level is $25.00 on the weekly timeframe. Both charts are similar and I expect both will break down from this consolidation zone shortly.