CAMARO’s Watchlist for 11/14/12
BIDU - chart is broken. Today was the lowest levels we’ve seen since late 2010. I think BIDU will to breakdown to support which is around 94-95. Short biased will remain until it regains 104
YHOO - Few days of rest last week as it waited for the 8sma to catch up. Then today caught a powerful move to new 52w highs . There is a down trend line floating right at 18.00 So wait for a committed move above 18 tomorrow but if that does break then 20s could be next target. (longer term setup here 1-2 weeks)
CUR - Nice igniting bar today with strong volume. CUR , a former runner, can get squeezed . Long setup vs .95c and target 1.30ish
ZAZA - Big volume today and closed near its highs. A move to 2.40 is very possible as that is really the only major resistance that I see once it clears 2.00
To view the rest of the watchlist please visit The Stock Garage
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