Watch list for Tuesday 3rd of July 2012

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Watch list:

Arena Pharmaceuticals Inc (ARNA)

Want this one lower for swing long. Ideally around bottom support 7.82 but I think it probably wont get there so 8.50 would be a reasonable entry price.

ATP Oil & Gas Corp (ATPG)

I wish this didn’t close that high because it would be a good momentum play tomorrow. It’s a little chase here but I think this still in play $5 would be conservative target with stop loss at $3.70

Brandywind Realty Trust (BDN)

I think BDN is still in play tomorrow. Only thing you should concern on this is if it breaks down $12 tomorrow otherwise $12.50 is our target.

Celldex Therapeutics Inc (CLDX)

Potential breakout

Dana Holding Corp (DAN)

At multiday support here. Should be a quick up side tomorrow for day trader

Watch list for Monday 2nd of July 2012

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.

Watch list for Thursday 28th of June 2012

Watch list for Thursday 28^th of June 2012

Got in some positions today but might be selling couple tomorrow. $SPY looking good and I hope we get another run tomorrow. So today I bought $BDN at 11.28, $END at $7.53, $PVA at 6.26. Looking to sell $AFFX tomorrow because it is very choppy now. Will look to buy again down 4.40 support.

Watch list:

Arris Grp., Inc (ARRS)

Looks like a short attack at this level. A breakout above 13.72 would be good buy. Everything signal points to breakout but need some volume. Otherwise short will take this over.

Avanir Pharmaceuticals (AVNR)

Still in squeeze mode here. Watch for another breakout above 3.87 for a daytrade.

Brandywine Realty Trust (BDN)

Making lower high with good support. Could this go above 12?

Endeavour Intl (END)

I think we see $9/share before end of next week.

Mastec, Inc (MTZ)

Bears are running out of steam. I won’t buy this tomorrow because I want it lower but this could really run out of the gate.

Watch list for Monday 25th of June, 2012

Another great session on Friday. Luke killed it again with his day-trade alerts. We are 330+ members in chat daily gang, come join us HERE. I have a new feature here on my blog. On the menu tap you will see “Paper Trade Journal”. In this tap I will be doing paper trade using ONLY daily chart to initiate the trade with account size of $50k. I will outline every single trade there and all my position will be there. This will take all the emotion out of the trades but without seeing intra-day chart, buying and selling point could be very delay.

$SPY looks like it’s going to hold the support so I think we are heading higher tomorrow. If we finished red on Monday or below that $132.24 I will be looking for short ideas.

Watch list:

Penn Virginia Corp (PVA)

If the market bounce tomorrow this could turn back up. Right at around support, with okay risk/reward.

Arris Grp, Inc (ARRS)

Watching $13.63 area to break for a breakout play.

Brandywine Realty (BDN)

Looking at support around $11

Amarin Corp. PLC ADS (AMRN)

Looks like accending triangle is confirmed here. Next target of $14.75 with stop below $12.80. BUT Quite strong resistance forming at $13.25 so if it gets over that area and HOLD would be a buy. Otherwise, no trade.

Affymetrix, Inc (AFFX)

Support down at $4.55 and $4.40. Need couple more session to tell if it is really going to turn. Making higher lows here so far.

Also watching: ZLCS OMEX PRKR ARRS CIGX