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.