Few Dec 10 Setups

Kunal
Desai
December 10, 2009
How to trade stocksbows-opengraphTrading-Watch-List

WAVE - This stock has been a turd for a while now, but nice bounce of MA200 today. Might be a bottom feeding opportunity, but I, personally, would wait for a move with volume through MA20 for swing or scalp entry.

TSTR - Keep an eye on this one for a possible scalp. We're experiencing a lot of consolidation here and the Full Sto may have turned. Interested if we see a move through MA20 with RSI improvement and volume.

WAVX is very interesting. I would like to get in under 1.35 with swing opportunity long over. I've liked this stock for some time. Volume accumulation days all over the daily.

BEE - Don't forget about BEE. This fella has made us some great profits in the past and is now starting to setup nicely for another spike. I won't buy until the move is confirmed, however, with some volume.

PSUN - I love rounding bottom Full Sto charts with MACD crossover at zero. Possible good swing opportunity here. chart

RGCI - High risk penny that might get some momo. I like the MACD here. Only interested in a run scalp. First target, .40.

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