GS - Looking toppy to me. Important resistance right ahead. Negative MACD divergence on the latest upmove. I like the odds of it as a short here rather than a long play.
GOOG - Watch out for 50 MA.
GLD - 108 is the important support here. A break of this and next support is 106.
OCLR - In this one. Really like the volume pattern.
CBB - Nice move up on big volume on Friday. Am going to keep an eye on it and see how it reacts to market weakness. Will take a small starting position if it holds up well.
CNC - Keeps going higher on better and better volume. Break of 22 next buy point.
SFI - Like this as a short. Weak close on Friday could signal a possible double top formation. Negative MACD divergence makes it even more attractive as a short.
Take care and good luck!
1 comment:
Excellent call on CNC!! Your thoughts from here.....on the stock?
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