Watchlist for 30 December – CBAK, CIIC, IFNY on short watch
Posted by Stock Online Trader in Watchlist on 12-30-2009
CBAK – Up on rumors that they will win the Google phone contract. Potential short on red.
ACHN – Short on break below 3.00 support
AHD – Short below 6.00 support.
IFNY – First red day. Possible morning panic. Short on red. Stop loss on break above 3.00
CIIC – No real play yet. Possible resistance @4.00. Watching for now.
SPNC – Short play if 6.80 support is taken out. Otherwise just watching.
SPIR – No play yet. Watching for bigger spike to short into. Probable short on red.
ZLC – Possible trend reversal and follow through upward movement. Potential long above 2.50
PSUN – Potential long above key resistance @4.00
