Wednesday, November 16, 2011
Watchlist for 11/16/2011
GMCR - Had a huge $6+ run yesterday and almost reached the $48 mark. $48.04 is the high after the gap down. Hoping for a $48 break today for a nice short opportunity. Could easily keep running to around $50, but after yesterday's run w/out a pullback, I'm sure we'll see some profit taking around this area.
FMCN - Gave a few nice pops yesterday for potential short entries. Looking for another setup possibly on a $27 over/under move, but don't be surprised if this hits $28.
ATI - This $50 area is of high interest for me. Has been consolidating here for a while and closed right at $50.00 yesterday. I'm liking the chart and hoping it holds this area as support. A red/green move and I'm long.
CLNE - Very nice parabolic yesterday. Was hoping for a pop over $14 right before EOD to short, but it failed right at $13.99...Today will look for a pop over $14 for a short.
FIO - SS biased on $40 over/under.
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