Monday’s Stocks to Watch…
| April 11, 2010 | Posted by admin under Day Trading Ideas |
The following stocks to watch come from http://everythingdaytrading.com.
Going into this trading week here are a few stocks to keep an eye on. They have had big moves, so we are looking for continuations or reversals.
Few still on the radar, which gave great trades last week, are:
FBP: Watching 2.85, 2.66, 2.30.
PIR: Continued to hack its way higher on Friday. Watching 8.80.
BYD and MGM: Both took a pause on Friday. Will keep an eye on them to see if they move above resistance again. 12.40 and 15.00-15.06 respectively.
And some others to keep an eye on through the beginning of the week.
ABK: Gapped up. Only concerned about a continuation or a possible gap fill. Watching 1.20 and 1.00.
RPC: Strong up move. Only interested if volume stays up. Watching 2.10 and 0.65.
OSG: Strong move Friday. Watching 47.66 and 46.00
JEC: Strong Friday. Watching 48.30, 47.85 and 47.00.
As a reader of our Stocks to Watch, a fellow trader Adam Hewison is allowing you free access to his 10 part email trading course.
In Adam’s Free Mini Email Course, he will show and explain the tools and strategies you need to increase your success rate in the marketplace.
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(1) The importance of psychology in price movement
(2) How to spot mega trends
(3) Understanding of technical price objectives
(4) How to picture price objectives
(5) How to trade with moving averages
(6) How to use point and figure trading techniques
(7) How to use the RSI indicator
(8) How to correctly use stochastics in your trading
(9) How to use the ADX indicator to capture trends
(10) How to capitalize on natural market cycles.
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Cheers,
EverythingDayTrading
Enjoy,
Cory Mitchell, CMT
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