I’m now in full position and looking to take 1 more on
Monday at open and liquidate/scale out some to lock in gains. We are doing great in chat. For those
new members please read chat rules and watch all the video lessons before start
trading/following our trade ideas. If you have any question about chat please
ask them after hours. I will be hanging around from 4-5pm just in case new
members have any questions about our service. If you still on the sideline and
want to make money on Wall Street, definitely need to join us HERE.
Watch list:
Kindred Healthcare (KND)
Looks a bit over
extended but I think the dip from $9.76 to $8.86 makes it healthier and ready
for a breakout on Monday. I will be buying this so please check Trade Journal
for my position.
Penn Virginia Corp (PVA)
A break of
over $7.34 would be a great breakout play but from this price action I see a
couple days of consolidation at this level, a bit dip then test $7 support and
rip back to new highs again. OR just another gap and run out of the gate!
Quicksilver Resources, Inc (KWK)
Thanks to
Joe, one of our subscribers, she mentioned this chart to me asking on a short
side. Ideally I would like to see it tests new high on Monday and short intraday on $5.55 breakdown, looking for 30-40cents.
Brandywine Realty Trust (BDN)
Sick move on
Friday. Broke out of channel and close near HOD. Next target $13.
Avis Budget Group, Inc (CAR)
Potential
big breakout on Monday. Watch this one closely if it gaps up. For me sky is
clear until $17 if $15.20 breakout.
Pandora Media, Inc (P)
Great chart.
Looks like a good momo play for day traders.
Saks, Inc (SKS)
Quite a
powerful price action on Friday. The only thing I don’t like is that it
finished red on that day. However, still a buy rating from me on Monday at open.
Target $11.40.
