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!

2 comments:

antiguatech 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.