1 A few longs to keep an eye on:
AMGN – Nice consolidation pattern put in during the last few weeks. $85 is an important resistance level. I posted the daily but take a look at the weekly chart — Looks good.
EL – Still watching the $62.00 level waiting for volume confirmation.
WYNN – Bull flag on light volume. Watch for $116.50.
IBM – Nice action from last Thursday & Friday. Needed a rest after its run in early September. Watch $208.70 for the start of the next run.
HAIN – Pulled back after breaking out in late August. Looking to get in on the long side if this one gets back above the 20ema this week.
PNR – Heavy volume last Friday. This one has resistance at the $45 level all the way back to late 2004. Weekly chart put in a hammer.
HAS – Bounced off this ascending triangle and closed at price by volume resistance.
PCYC – Retested the breakout levels on lighter volume. The stochastics indicate a test of recent highs are likely.
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One Response to “Watchlist 10.1.12 | We Are”
Raul3
Excellent looks, thanks