FSLR - Gapped up around 7%, climbed another 6%, then faded about 6% off highs. News out they sold a solar power plant being built in California to MidAmerican Entergy in order to reduce spending. Will watch for signs of support after some selling. I will keep an eye on the $47.50 level as it was the pre mkt low and intraday low.
FMCN - $20 support level. $21.50 intraday resistance. Big $1 spike on heavy volume in the afternoon followed by a big pullback and strong close making new highs. Hope to see some profit taking at the $22 area. Short biased on pops into that level. Long bias on any dips into $20 area support.
LNKD - $75 resistance. Hope to see some profit taking at this level. Over/under short at $75. Initiated with a buy rating and $85 price target.
LULU - $44.70-$44.80 support held very well today and bounced w/in this $44.70-$45.60 range. Long biased on any move toward that support at $44.70/$45 area and hoping to break out of this range. If we gap up over $45.50, will look for this level to hold before taking any long positions.
CRK - Upgraded to outperform with a $30 price target. Could see profit taking at $20 for an over/under short play. $20 resistance level to keep an eye on and $19.40-$19.50 support. Will long off support if buyers step in, but short biased on any morning pop into resistance.
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