iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

10 Charts I’m Watching

1. CDC Corporation [[CHINA]] Nice flag formation, I’m a buyer on strength:

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2. Darden Restaurants, Inc. [[DRI]] I like it above $36

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3. Callon Petroleum Company [[CPE]] Gunners, this one has potential, great find. I took a position in the name today.

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4. Huntington Bancshares Incorporated [[HBAN]] Above $4.50 and this one could rip:

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5. Watch for a BTFO move off the 200 day. If volume comes in, I think it’s worth a shot for a daytrade.

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6. On a market meltdown, think puts in American International Group, Inc. [[AIG]] for a trade:

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7. Immunomedics, Inc. [[IMMU]] Nice flag and close above the 100 day. I’m long.

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8. Martha Stewart Living Omnimedia, Inc. [[MSO]] Someone mentioned this one on the blog yesterday, I like the flag developing and my take a position on strength:

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9. Spartan Motors, Inc. [[SPAR]] this one is gonna rip, a move above $7 and I’m in it like Bennet:

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10. Boots & Coots Intl. Well, Inc. [[WEL]] Watch for a breakout above $1.81:

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18 comments

  1. Diamond Jim Brady
    Diamond Jim Brady

    WPZ

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  2. DrewDog

    WEL made it rain like an oilfield for me in March 2003!!

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  3. Gunners

    SQNM!!!!!!!!

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    • Gunners

      damn… what a bummer of a failed breakout this would be. i’ve been waiting for this thing to break $4.71 for months it feels like

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  4. Stellios

    Hey RC, are you going to be at your facility tomorrow evening? It is Stelly.. I am looking at SD to rip sometime next week.. I like CMI downhere at this level as well.. What do you think dude? I put SLW on my watch list..

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  5. rocketman

    thoughts on AIG action today? surprisingly strong, waiting for it to plunge but scares shitless it’ll run the other way.

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    • RC

      AIG had some news come out this morning that it may be selling international unit. I think that may be why we saw strength earlier on, wait for a break below $27.29

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  6. TA

    Not a lot of breakouts today

    In CHINA with a stop on the 50MA
    MSO, HBAN and CPE look especially promising

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  7. goon

    SUSQ is one to watch

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  8. OpihiMan

    RC

    What’s your take on PXP and EXXI? Both trading on the coattails of MMR (they’re partners in the find that MMR just announced). TIA.

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  9. RC

    I like them both, and think they go higher near term.

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  10. Ollie

    Man, your reads suck. 80% of your calls went the other way. Seriously, stop picking stocks out of your ass and trying to tell a story. Choose better stocks to play that this shit.

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