Showing posts with label REXX. Show all posts
Showing posts with label REXX. Show all posts

Monday, June 25, 2012

Watch list for Tuesday 26th of June 2012


Our summer sale almost sold out here gang. Lock in your price HERE. Breakaway gap down on $SPY today. Not a good sign, because now we are in the box $132.44 - $129.26 break up or down from that range. Could go either way so this is a great time for you to take sometimes off and relax. Wait for $SPY to find its direction and short/long bias from there. But trading journal will continue trading with pure technical without looking at overall market. This afternoon I was in chat so I triggered a buy order on $CIGX 1k @$4.36 thinking hammer could form at the end of the day but now we have spinning top so I will be selling at market open tomorrow (still looks ok if you still in). $AFFX triggered 1k @$4.69 and if $4.60 breakdown I will be looking to add more down $4.40s. Join us in chat HERE for real time day/swing trade alerts.

Watch list:


Rex Energy Corp. (REXX)
Support area at $9 is confirmed but risk/reward here is not that good. So I won’t be trading this but worth of keeping an eye on.

Celldex Therapeutics Inc (CLDX)
Breakout confirmed at some resistance here but looks like it’s going to fly through. Might catch a gap and run tomorrow. Target $5.40 with stop at $4.70

Dana Holding Crop. (DAN)
Nice hammer today, confirmed at $12. Not quite 2:1 risk reward but worth watching.


Also watching: PVA ARRS BDN END WG DNN FBC HT LXP LPX MWW CPWR AVNR ARNA