Here are some long and short plays that I am adding to the watchlist. All these stocks had relatively high volume today and are at or close to important levels. As always, check for earnings date before taking position in any stock.
ABV - A short at break of 26.41.
AGP - Watch out for break of 52.90.
CPO - Weak close below MA(50). Next support at 45.
FITB - Watch out for break of 15.15. Won't consider it until it breaks this level as the action has been choppy recently.
HLIT - Nice bounce off MA(50). Bullish volume pattern. Above 8.51.
HOG - Consolidating nicely after break out. Might need some more time but looking for test of high.
ITUB - Got rejected at MA(200) again. A short at new lows. Next support at 20.18.
Take care and good luck!