Watch list for Friday 29th of June 2012

You can view all my positions on Trade Journal menu. I have posted all open and closed positions on profit.ly so it is easier to follow. $SPY bounced off the bottom before close but I still don’t see where it’s heading. It is really choppy and hard for swing trade but looks like my SwingTrade system still working in this market. Be sure to join us in chat HERE for real-time buy/sell alerts from Luke and Jason.

Watch list:

KB Home (KBH)

Just looking for a breakout over 9.20 with some volume here.

Mastec, Inc (MTZ)

I said I want it lower but looks like it wants to go higher. Very bullish move, confirmed support. I’ll be buying this at open. Check trade journal.

NovaGold Resources Inc (NG)

I got this today at open. 1k shares @$5.10. I think I got in too early but looks like 5 is supported for now.

Penn Virginia Corp (PVA)

I like this chart. Bought 2k on Wednesday and locked in 1k at open today. On a breakout mode and I think $12 is possible.

Endeavour Intl (END)

Sold this today for profit because I don’t like that gap down on up trend. Still, I think this can breakout if consolidate at this level for couple of days.

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 Wednesday 13th of June, 2012

Recap on Tuesday’s list:

$GWBU trading flat today, and I’m still waiting for a big squeeze to happen which I think it will. Consider it is holding up really well and if they don’t plan to squeeze it big they would have let it failed last week. There is no reason to support this puppy if they don’t have any plan. $FTK, I said this one is on my radar for bottom bounce and yep from $9.80 to $10.20. $RDN, looks like a breakout over $2.70 might come sooner. $CIGX, breakout over $4 is confirmed and we need more green on $SPY to send this to the moon. $XIDE, nice move today. $NBS, big gap up and pretty much flat all day. Will have to see if it can holds $.50range then perk off from there.

Wednesday’s Watch List:

LDK Solar Co., Ltd (LDK)

Big move today off consolidation and expect another gap and run tomorrow. But don’t hold on to it for too long because this can fade in the afternoon. If it opens weak and gearing towards r/g then that’s a good buy!

A123 Systems Inc (AONE)

Squeeze is on! Now trying to get over that resistance and I think more squeezes are coming this week. (A bit pulls with some consolidations expected)

Endeavour Intl. (END)

$END doesn’t look like it’s ending yet. Almost at 50% retracement now (level that I really like to buy for a bounce). Hopefully it came down and touches $8 then curling up from there.

Quicksilver Resources, Inc (KWK)

This is hard to catch the bottom but it could be a great risk/reward to play. From the chart history I am looking for hammer candle (green or red) then wait for 1 green day and the next day candle over candle to confirm short squeeze and bounce.

NPS Pharmaceuticals, Inc (NPSP)

Hammer time!