Wednesday, November 30, 2011

Stocks on Watch for 12/1/2011


TIF - As I said yesterday, was bouncing between $66 - $68 areas. Today held $66 support and had some decent bounces off that level. Looking for setups tomorrow off this support level for scalp.


FMCN - Held $18 as a support area today and had a big end of day run to $19 and gave a nice short opportunity there (over/under) Missed the entry as I was on the phone. Put an order in for $19.03, but was about 30 secs too late. Short biased on pops over $19 tomorrow, but won't be suprised if this pushes to $20.


INHX - Another big day for this one. Nailed a short on this one at open from $14.16 and covered $13.96 and $13.66... Tomorrow looking to short a pop to $15 over/under. Hopefully it sets up perfectly.


WBMD - Had a nice end of day run to $36.27 (High of 11/29 was $36.31). Short biased tomorrow on pops over $36. Maybe $36.15-.25 area.


YOKU - Would like to see a run to $20 for possible pullback. Will be short biased in that area.


CEDC - Had 2 consecutive days of nice runs and pullbacks. Hoping to see a big push to $5 area for an over/under play. Won't be suprised to see it push $6s tho.


PCYC - Beautiful run the past few days on this one. Hoping for a morning parabolic to $16 for over/under short play.


MBI - Up 18+% today. Huge gains...Looking for a $10 over/under short setup tomorrow. Could see some resistance in that area.


ANR - Up 15.16% today. No bias, but I'm kind of leaning toward a short around $25.


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