Here are a few stocks to watch on overall market strength. All are near support levels and should bounce with the market. With that being said, should support fail on market weakness, these same stocks could be great short opportunities.
STEC, Inc. [[STEC]] sitting on 50 day moving average
Las Vegas Sands Corp. [[LVS]] Sitting on support
MEMC Electronic Materials, Inc. [[WFR]] Sitting on 50 day
Yingli Green Energy Hold. Co. Ltd. (ADR) [[YGE]]
supports have meant nothing in the last two or three days =(
Yes, very frustrating. I’ve been trying to make intelligent buys/sells at key points… 50 day/200 day/Fiibs/trendline. It’s wild west bonko out there. My gut says it is going to be a big move whenever the market picks a direction. My bet is up. But hell, I’ve been getting my ass kicked betting that side for the last 5 -10 days.
Mee too. I’m hoping it’s almost over. I don’t want to be that frog that get’s boiled cuz they turn the heat up really slowly.
BTW the avatar with the white out eyes is too creepy. It’ll scare Boo Boo.
that because you guys dont realize/believe that MAs are NOT support. Only price action makes support, not MAs. MAs that appear to cause support resistance are the result of temporary group think and hindsight. I can find an equal number of instances where 50/200 are meaningless as I can them being “the perfect dip” buy.
trendlines and more pertinently key price points are better imo.
Thanks for commenting, Danny. Good feedback.
Have you seen my eyes? I think they are back at the 200 day MA
So I understand It could go up or down. So you don’t know.
I’ve been avoiding all setups for now – too many failures out there
CLNE is coiling intraday, hanging on to 20 dma.
Stec looking weak here
out of the bunch, STEC is my fav
JEF trying to break out of coil.
PEIX looks like it’s at a make or break point.
been watching that one as well, still developing.
like it at $2.00
PXP finally broke out. After I had already gotten out. Sigh.
That trio – MMR, EXXI & PXP (all partners in the Davy Jones find) – still looks like it has some possibilities, though.
nice call on that a few days back. Good work.
Bought TOMO today, someone mentioned it yesterday here. this thing had a nice afternoon (had a buy stop set for $3.89)
Yup, TOMO setup looks great! Mets57 called it on PPT.
Damn, been waiting for the breakout and missed it. I’m holding you guys accountable.
Gunners, thanks for CPE, incredible action today.
Looks like it still has more breakout potential above the downtrend line where it’s sitting right now.
no problem RC. glad to contribute. I’m long and strong on CPE still. no where to look but up on that chart.
bought CLS @ 10.14
bailed out