Trade Plan For 22nd April – 11 Stocks I Will Watch Closely

Posted by Stock Online Trader on April 21, 2010 in Watchlist |

ANTF spikes from 1.50 to now 2.77 finding good support at 2.00. I couldn’t find any specific news for the spike. Watching for short on green/red

CHCI tried to breakout again over 2.00 but sold off, sitting at 1.90. No real news for the spike. Potential short on excessive spike

CIDM makes a second attempt to runup back to 3.00. Watching closely for potential short below 3.00 resistance

CUR spikes from 2.00 to 2.80 yesterday, but faded today with low volume. Is it just consolidation or more selloff to come ? Hard to say. Just watching for now

DRL gradually goes higher after gapping down 2 days back from 6.50 to 5.80. It bottomed at 5.50 and is back up to 6.43. 7.00 holds key resistance. Potential triple top at 7.00s

ENCO fades all day dropping 8%. Get opportunity missed on morning spike to 4.40. Now sitting at 3.86. Too late ? Just watching for fun. Will possibly fade back to lower 3s

HAFC could be a potential short if it breaks below 3.00. Otherwise above 3.25 it looks ready to spike more. No play yet.

KERX fades 4th day in a row from 5.00 to 4.25 now. Was a good short below 4.50. Missed it today. Waiting for a spike to short into.

MBTF puts up a quick spike from 1.30s to 1.80s. Now fading back to 1.67. Nothing special to play yet.

PURE is boring the hell out of me now. It is playing range bound from 2.60 – 2.75. Waiting for move either way to take a position long or short

ROHI puts up an impressive spike from 0.80 cent last week to 2.58 today. After the intial morning spike today, it has stayed flat. Could it be the end of the runup. Watching for green/red action to short. Hard to find shares though.

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