Thursday, July 28, 2011

Watchlist for Friday, July 29, 2011

CTE -good looking candle, it made a higher high and higher low in the past week, checking for an uptrend, should see some upside tomorrow

CHNG  - from yesterday again on scan

CCM  - has been on scan since the past two days, low volume play, illiquid, just for watches

IPAS   from the day before still on scan , its jst inching its way up

PMI   kinda oversold 1.08 and 1.14 resistance cautious play but expecting green tomorrow

RDNT from some days before still on scan

ZN- oversold play , should have upside

EXM - oversold play

SOMX -oversold play

MNKD oversold play

A lot of oversold plays, caution though they have no clear support cuz its new waters for these stocks to be in and you really dont know till what level they are willing to drop , always aim for the oversold levels on the 1 minute chart and always keep a certain percent stop loss that you are willing to lose on an equity.

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