Watchlist – LJ International, Euro Tech Holding, Threshold Pharma…
American Oil & Gas (AEZ) is an oil up from 1.60 to 2.80. Finally went red after 9 Up days in a row. Closed at 2.60. Potential short on break below 2.50
Astrotech (ASTC) gapped up today taking out its previous high. Howevver it sold off all afternoon from 3.60 to 3.08 before bulls took control over it and pushed it to 3.35. Potential short on green/red action.
Euro Tech Holding (CLWT) gapped up but then kept fading in the afternoon taking out key support at 2.40. Down 10% the easy play is gone. But there is more room for downside with next support at 2.00
LJ International (JADE) was up 29% for the day. Up on uprades. Can this spike sustain ? No play for now, just waiting for green/red action to short into.
India Globalization Cap (IGC) put up an impressive run up, reachinh 2.38 before giving up some of it gain. It was still up 8% for the day closing at 2.20. Waiting for green/red action to short into.
Lithia Motors (LAD) seems to have bottomed at 11.50 and it rallied back above 12.00 to close at 12.08. Potential long play on green action with support at 12.00
Lee Enterprises (LEE) is a newspaper company up on bullish sector news. Hit 4.09 today and then faded in the afternoon to 3.80 before spiking in the end to close at 4.01. This has been choppy lately with no clear sign. Just watching for now.
Momenta Pharmaceuticals (MNTA) seems to have bottomed at 9.50 region. It rallied today to close below 10.00 at 9.85. Potential long on break above 10.00
Sunrise Senior Living (SRZ) rallied to 4.60 today up 8%. Watching to see if it takes out previous high of 5.20. Potential short on green/red action
Threshold Pharmaceutical (THLD) is a nasty stock with multiple fakeouts. However today it did almost nothing staying mostly flat and in the red. Potential short on red day.
