Breakout Stocks 4/22/2010

Kunal
Desai
April 22, 2010
How to trade stocksbows-opengraphTrading-Watch-List

The market is gapping down a tad if it regains strength after the open  these are some of the stocks I expect to breakout

reits are still catching a bid

me likes

RAS pretty strong stock..I actually prefer accumulating this a tad before the breakout in anticipation of it.  I will continue to add on dips and double up on the break of highs.

I bought CPF in the boom factory in end of day 2.63 in anticaption of a gap up and breakout. Still looks good

ZZ been trading funky….faked out a couple times but if it breaks highs of 4.00-4.05 it could run up to the next level. No longterm resistance till the 5s.  If you notice the action and the size of the candles lately. This stock you might get stopped out a few times before you nail the b/o OR you can just give it a much longer leash and keep your stop loose.

QLTY, SFN, POZN, PIR are all right there too.

Keep an eye on the rest of the REITS

MPG, BEE, ABR all bouncing off 20dma and should continue higher.

Ive been trading fast lately…I will give a position update a bit later.

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