Wednesday, December 8, 2010

Watchlist

Here are a few stocks I like heading into tomorrow. All of these stocks have been consolidating nicely.

ACAS - Been consolidating nicely for over a month. Bullish volume pattern. Like it at new highs.


ADSK - Been ranging nicely after a big move up. Like it over 38.


BRCM - Like it on break of today's highs.


CIT - Nice bullish volume pattern the last few days. Consolidated nicely after the big move up, finding support at MA(20). This could run to 44.


CVH - Consolidating nicely here with support at MA(20). Nice risk/reward ratio with stop below MA(20).


DPZ - Watch out for break of 15.70. Nice volume today and tested the mark bur failed to break it. 


I will be back later with Chart of the Day.

Take care and good luck!

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