Tuesday, April 27, 2010

Watchers for the 4-27-10 trading session

VSTNQ

This is on breakout watch on a break of 1.82 on volume, or a short if it fails there. Should test it early.

ROHI

Decent short on Monday. May have a panic early that can be scalped short if you are not in overnight. Recent support area around 3. It may take this out, in which case more downside might be in the cards.

MBTF EUBK CSNT PSBC MBHI FTBK

Waiting for weakness to fade these on any of the usual cue signals. All of these financials are red hot, but profits are always taken someplace.

CHCI

Still waiting to fade this on weakness cue.

PHHM

Supernovae scan again. Fade material if the herd books some coin. A real NASDAQ stock, be aware.

TUFF

Still going, still waiting to fade the dump. This "pumpish" stock is getting more seasoned with each green day.

GRPR

Now in 10 newsletters, this promotion is getting long in the tooth. Be patient, and look for shares to short with a broker that allows reservation. Only enter when it clearly weakens.

APPY

Investor sentiment is very bullish. I like to fade their dumps. Again, wait for weakness first.

CDXC

Still waiting to fade this over extension with any valid cue signal denoting weakness.

HAST

That daily hammer candle at the top (?) of  the move may indicate profit taking is soon in the cards to fade.

LTS

Possible breakout long over 1.50 with acceleration and convincing volume. Or a test fail and a fade play.

HMPR

Yet another bank/financial that is up huge. Waiting for the profits to be taken so it can likewise be faded.

PVFC

Financials. Bottom fishing breakout long if it retests and holds 2.25 with acceleration and convincing volume. 


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