Thursday, June 14, 2012

Watch list for Friday 15th of June, 2012


Thursday’s watch list recap:
$KWK, nice green day today and looking for candle over candle tomorrow. $UCSU, 11% up. $DNDN, nice 6% but showed some sign of weakness at end of day. $ATPG, great bottom play if you take it. $CSE, nothing much on this one.

Friday’s Watch List:


McEwen Mining Inc. (MUX)
Love this creeping action here. Yes, it showed some reversal sign on daily chart but I think this one is breaking out of the range tomorrow.


Supervalu, Inc (SVU)
Can we get 1 more gap tomorrow?


OCZ Technology Group Inc (OCZ)
Nice consolidation near its high. Might be ready for a breakout soon.


Penn Virginia Corp. (PVA)
My favorite chart of all. If $SPY gap up and run, this thing will breakout big time!


Capstead Mortgage Corp (CMO)
Curling up from the bottom here. Candle over candle for swing entry. Stop just below that $13.75. Nice trend with good support.


Willbros Group, Inc (WG)
Golden cross happened last week but getting into oversold area. Day-trade strategy (in webinar folder) by Luke will work best for this one if it gaps up.