Wednesday, August 17, 2011

Watchlist for Thursday, Aug 18, 2011

OPWV -gap up pull back and the same deal again..awaiting some panic shorts covering ...tight stop losses

LIOX -tweezer bottom imo ....tight stop loss at 2.55 not much risk there

NM - gap up , crap watch supports for entry bullish chart

NTSP definitely a keeper watch the bottom tomorrow for buying opportunities

and of course LGFTY expecting a gapup for sells, and then a pullback and a continuance of the run(maybe I'll eat my words later but sure looks like its gonna run) ...

2 comments:

  1. How about UMC? It's at $1.85. Financials look ok. For a company with Market Cap of $5B and Rev of $4B with profit margin of 19%, it's pretty cheap.

    -NepAm

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  2. It looks cheap but it has been on a steady downtrend for quite a while now and it might go down further but..the only thing that might drive it up would be shorts covering ...if i were to buy it I would buy the dips with a very tight stop loss at 1.80, if the 80 s are gone then it has more downside

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