Thursday, April 22, 2010

Watchers for the 4-22-10 trading session

CPF

Long above 2.66 resistance if it can take and hold 2.70 things may work breaking out.

ANTF

Looking tired and short worthy on any weakening cue. Volume is lessening on new highs, so be patient.

DRLY

New promotion. May not be done yet. Possible out of the gate action. Cheap, but volume last 2 days is nice.

GRPR

This should be done but is not as of yet. Might have a bit left early with a later drop once the e-mails dry up.

BPOP

Recent consolidation. Possible breakout setting up above 4.10 area if it can hold with volume & acceleration.

TER

Up big after hours, earnings winner might be in play Thursday. Does this trade in pre-market? DEAR on Wednesday zoomed out of the early bird gate...

PRWT

Conquered .86 & .95 levels. Failed just over 1, but if it can hold it and accelerate on heavy volume its a long.

DCTH

This had a great run, but with its after hours 30% gain profit taking beckons. Short on the usual cues if able. 

ROHI

Just looking for a profit taking scalp from this fine mover.

CTT

Same analysis as for ROHI

PCBC

Another bank stock that I am watching but have no easy play on. Head winds are going up, out of the gate. 

MTLQQ

Motley Fool says this stock is absolutely worthless, but welcome to day trading! Huge volume, nice range. This Pinkie has a tendency to run a few days or so in succession. Could have more left in the tank Thursday.

PIR

All this needs is to take out 9.80 on good volume with acceleration and it may spell a good day for the longs.

CPA

If Granny still does not trust cheap stocks, this AMLN chart clone can be played for a bounce swing by trying to time the bottom. Use SMA 5 close above exit criteria. It rests near the 50 SMA and has repeatedly found support and upward moves from there in the recent past. AMLN is still in play for Thursday, by the way.


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