Watchlist for October 2, Four Long and Seven Short, Three Neutral Plays
Posted by Stock Online Trader in Watchlist on 10-02-2009
ARRY is a long play on break above 2.50. Be cautious.
CHTP is a long play if support of 2.90 holds. Long on green. Up on news that their drug wasnt as terrible as it was perceived. Stop loss < 2.90
SEAC is a long play on break above 8. Up 6% in after hours.
XRTX had great Q3 results. Stock up from 9 to 11.30. Can it keep going higher ? Just watching. 11.50 potential breakout.
BLDP faded slowly today but held above 2.50. More selling possible if 2.50 taken out.
CSGH is looking toppy at 2.0, but is a very choppy chart lately. Waiting for proper breakdown.
CYTK cracked below 5.00 today which was perfect short. More downside if stock stays red tomorrow. Short on red. Stop loss > 5.00
HOKU up on news of selling stake to raise capital. 3.20 formed a good support today. Short on break below it. Also short at 3.50 which seems to be forming resistance.
LOCM was up on false press release of being bought out by Microsoft. Potential short on red.
PDC short scalp on break below 7. Otherwise no play.
PQ short scalp on break below 6. Otherwise no play.
ATV chinese company that got upgraded. Big spike today. No play, just waiting for proper fading action.
LWLG up 42% today. No play, just waiting for proper fading action. Hard to borrow.
RAME up 33% today. Up on analyst upgrade. No play, just waiting for proper fading action.