Big day.. or was it? Volume was a little low considering the gain in the overall markets and we finished fairly well off the highs. As usual, stay nimble.Latest from the Watch List:Swings that stopped out today:APKT Short for 6.46% gainBHI Short for .42% lossCurrently swinging:RAX long at 40.62PNM long at 16.01ARIA long at 9.61VVTV long at 7.26NUVA long at 34.30FOSL long at 108TIF long at 73DGX long at 59.4New additions to Watch List: (see spreadsheet for details)AVGO - Looking for break out of consolidation in overall uptrend.CMG - Needs to get out of channel.UTEK - Move out of falling channel and descending trendlineDAR - Currently testing recent highs. Tight bollinger bands setting up.MPEL - Above horizontal resistanceCROX - Setting up for what appears to be a loosely formed ascending triangleMCO Building out a flag
Watch List Update
Kunal
Desai
•
June 15, 2011

