Monday, May 28, 2012

Watch list for Tuesday 28th of May, 2012


AKSteel Holding Corp. (AKS)
Looks like still in a squeeze mode here. Might base around $6.25 and squeeze towards $7.


Century Aluminum Co. (CENX)
Short interest has grown since beginning of the month. Now might be time for those shorts to cover and momo players coming in. If this breaks $7.22, we might see $8 coming soon.


Frontline Ltd. (FRO)
Classic short trap here last week. Now it’s 11 days to cover,strong base + increase in volume. Wait for spike in volume to confirm your entry


Odyssey Marine Exploration, Inc. (OMEX)
Squeeze mode is on guys. Now that it’s trading above 3.30, comes Monday might have another round towards 3.60. 30 days to cover!


Supervalu, Inc. (SVU)
Reversal time. First stop $5 and then $5.20.