Tuesday, August 30, 2011

Watchlist for 8/30/2011

Sorry for the short list. I didn't get a chance to scan lastnight, but I will be sure to do so tonight.

PANL - This thing has been ripping lately and climbed huge yesterday after-hours. It's down a bit in pre-mkt and looks to be fading. I will watch this one for short setups.

OVTI - Nearly $10 gap down the other day with a $18.10 high the first day and $18 high yesterday. I like to see this one push over $18 and $18.10 for long entries.

UTHR - Another $10 gap down last week. Been going sideways since. A break of yesterday's high of $40.992 could be a good long entry. From there it could test/break the high from the day it gapped at $41.40

SODA - Finally looking like it could bounce/squeeze. A break of yesterday's high of $38 could be an entry for a nice long position.

DNDN - Still have this one on watch for the $12.55 break. I love the look of this on the daily chart. Could squeeze over $12.55

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