Trading Long After Dow Goes Through A Correction

Posted by Stock Online Trader in Stock Picks on 01-28-2010

GS dipped below 150, but bounced back end of day. It put in a doji and might be trend reversal day. Going on long ~151 with stop at 149.50.

ISIS looks ready for more green. Nice spike up on good volume. Long on break above 11.72. Stop below 11.00 support.

KRE looks ready for breakout. Long on break above 25.00 with stop loss at 24.40

MCO got upgraded and broke out of its $28.00 resistance. Long on green action with stop below 28.00

ROL put up an impressive earnings which lead to 8% jump in stock. It is ready to breakout if it takes out 20$ resistance with conviction. Tight stop of 19.70 on it.

SNDK would make a nice long entry on break above 30.00. It couldnt breach above 30.00 today. Lets see if it can do it tomorrow. Stop loss 29.45.

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Watchlist For 5th Jan – 6 Tradeworthy Stocks

Posted by Stock Online Trader in Watchlist on 01-04-2010

AENY spiked alot but then gave up most of its gain. Ready for reversal ?

ATHX broke below 4.00 till 3.71 but then spiked back up above 4.00. Short below 4.00

EONC is extremely overdone. How much longer can it spike ? No play yet.

IRE is up 15% today. Can its trend continue ? Long above 9.00 break.

PNK looks ready for more green. Long on green.

MILL finally taking big dump. More to come ? Potential short

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Watchlist For 4th Jan – 6 Short Plays To Profit From

Posted by Stock Online Trader in Watchlist on 01-04-2010

AENY is a OTC stock which looks over-extended. However it put up impressive volume and likely ready for a gap up or morning spike. No play for now, but waiting to short into the afternoon fade if shares are available. Hard borrow.

ATHX slowly fading away. Short on break below 4.00. Volume has faded out.

CIIC is looking weak and possibly fade back lower. Potential short on red.

EONC put up its first red day. Potential short on break below 6.00.

ICXT is up on airport security news. Waiting for the news to fade out to short into. Potential short below 9.40 support.

IDN falls in the same category as ICXT. Potential short on red.

Disclosure: Short EONC shares at 6.00

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