Thursday, September 30, 2010

Watchlist

Here are a few stocks I like heading into tomorrow. Remember, there is GDP data coming out in pre market tomorrow, so take the effect of that into account before taking positions in any of these stocks.

EC - A double bottom in place. The move today was on impressive volume. Watch out for new highs. MA(20) has provided good support throughout the uptrend.


MAPP - For a stock to close over 15 the very same day a stock offering is announced at 14.50 is very impressive indeed. Watch out for a break of 15.50.


PAL - Trying to break out of a multi-week consolidation range. Like this one here and took a position at 4.07 today.


In case you missed it, here are the links to Chart of the Day and my thoughts on the market action today.

Take care and good luck!

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