Watchlist for 30 December – CBAK, CIIC, IFNY on short watch

Posted by Stock Online Trader on December 30, 2009 in Watchlist |

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

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