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Author Topic: Watchlist for 12/11/12
lakerking
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Posts: 9
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Post Watchlist for 12/11/12
on: December 11, 2012, 00:59
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IBM-I like this set up breaking out of its triangle. If we get above 193.49 and hold we could test 196. We want to hold the lod on the 10th at 161.65. Keep an eye on this one chart looks good.
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WDC- weeeeeee! It got above the 100 sma... I don't think we will see a pullback its on a huge run and might start squeezing. I like the wick on the daily.. its bullish. But most likely we will see a pullback soon.
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CMG-Straight from my watchlist from last night... Was watching it all day and was watching big moves early in the trading day and at the end. You want to see at least 42k 15 minute volume and anything over 50k in first 15 mins will give a strong signal for a run.
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SHLD- Im liking SHLD here at these levels.. getting some more momentum for a run. SHLD Is known for putting in lows with a big daily wick and then bouncing off of it.
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Hope you guys like it!

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