Thursday, October 27, 2011
Watchlist for 10/28/2011
BIDU - Up big after-hours. No bias, but will watch for setups. Possible long on washout, short on big pops.
ACOM - Looking to short under $21.50, but if it looks to have buyers in that area I may try it long.
CTXS - Up 17.33% today (+$11.13) Short biased on morning pop similar to what it did today at open.
COG - Also up 17.32% today (+$11.58) If this has another big pop at open as it did today, short it.
AMP - Up 15% today. Watch for $50 over/under short.
PLCM - Long over $16.97/$17.00 area for possible gap fill. Might try this on r/g move on a lower open.
NBR - Watch for $19 over/under short, but could possible run to $20 and be a good short there. Watch closely.
FFIV - 2 nice days of gap up and run. Watch for morning parabolic to short into.
LNG - Short biased on pops to $11.
MHS - Had another big day as expected. Still waiting on this one to run to $56 for an over/under short.
MF - Long biased on washout to $1 (hopefully).
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