Wednesday, July 28, 2010

Few for the watchlist

Here are a few stocks that for the watchlist. As always, its earnings season and please first check on when the company is reporting if you decide to get into any of these plays.

DOLE - Cup and two handles!! I got into this today. A break of 11.15 on good volume is what is needed.

CLX - Broke out after a nice period of consolidation and low volume pullback right to the support today. A buy if the support holds.

DE - Consolidating nicely after breaking out of resistance. A buy at new highs.

NVE - Similar to CLX. A buy if the support holds.

VMED - Broke the trendline today after a low volume period of consolidation. Gotta love the bullish volume pattern of the last couple of months.

That's it from me for today. If you haven't read it yet, here is my daily review for today and the strategy for tomorrow. Also, a post on how overbought are the markets now.

Take care and good luck!


Mark Ryan said...

Nice work. I like the looks of DE here.

positiontrader said...

Thanks for reading. Good Luck!