Below is my watch list for 4/30/12:
LodgeNet Interactive Corporation
(LNET)
This is an ideal chart for my bottom bouncer swing play. Big red day follow by stair steps down
then fading in volume. This means most of the big sellers are out and selling
pressure is getting weaker and we have doji red candle on Friday. This could be
a sign of reversal but I need to wait and see if selling volume is coming back
on Monday or not.
For now the ideal entry is just above $2.56 and stop just below $2.34.
If we are through $2.60 the next week, then $3 should be our target.
Good Times Restaurants Inc.
(GTIM)
Still falling and short bias for now till we see some kind of support
just above $3. I would like to se this down to $2.50 before playing the bounce
and not going to try to catch a falling knife here. Looks really top heavy.
Bluegreen Corp. (BXG)
Here is another chart I’m looking for a swing bottom bouncer. Really
like the way it cracks but need more volume and more fade the next couple days.
Short the gap up if you like.
Pacer International Inc. (PACR)
Not an ideal chart for a bouncer but I like how $6 is holding up
pretty well.
AMN Healthcare Services Inc. (AHS)
Personally I don’t like healthcare stocks but this chart looks
awesome. The third leg is almost over extended now and ready for a pullback.
Ideally we will see this hit $6 before heading higher.
SEFE Inc. (SEFE.OB)
I mentioned SEFE to my friends on March 29th
on Facebook when it was just below a dollar! Now it's still $1.99 which is
still more than 100% gain.
Warning: This is a pump and dump but I like how $1.15 is
holding up and they might try to squeeze short sellers here. If they know what
they doing, this should be a 10%-20% day on Monday. Don’t touch this if you are
not familiar with Pump & Dumps. For your reference check out HHWW JAMN ABOT
LEXG WSML SNPK RAYS.
