Watchlist for Monday

PCBC – Nice move Friday on strong volume; this has a history of multi-day runs. I would consider going long on red/green. CPF has a similar chart, though not as good a history of multi-day runs.


SMOD – Nice breakout, at longer-term resistance. Good volume Friday. It was up on earnings, so it may keep going.


MTEX – I’m always short-biased on this MLM firm. Hopefully it has a third big up day to set up a better potential short.


IFNY – Breakout, but on low volume. Tim Sykes is long this. I would not buy this here because it is a pink sheet stock and the volume is anemic.


Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

0 thoughts on “Watchlist for Monday”

  1. Market orders for fast movers and when you wan’t out. Limit orders for more controlled entries, like my HOD shorts when I really wan’t a certain price or I’m not playing.

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