Sunday, July 15, 2012

Watchlist for next week Part 1

Going through my weekend scans, I find that a lot of stocks are setting up nicely after the gap up on Friday. Here are a few of them. The important levels are marked on the charts itself. Be sure to check when a stock is reporting before taking any position in it.

I will post a second part of the watchlist later in a little while. Meanwhile, here are a couple of sectors that are looking good heading into the next week.

Take care and good luck!


TurnKey Properties Guatemala said...

The long entry point on most of those stocks would be right about above the previous close resistance, now new support line, correct? like @ 108 on BCR?

positiontrader said...

Yes, that's how I like to play them.