CRDC watch for a reversal formed a bullish harami today, which is a low reliabilty however indicators are turning up. RSI is almost coming out of oversold at 29.28. MACd is curling up, and Full Stoch is curling up and has crossed over the signal line. If Macd crosses tomorrow it will form a double cross with MACd and Stoch which is a very bullish sign. an opening at or above previous close 0.78 would be considered a buy IMO. Breaks above .80 buy confirmed.
Key support is at .67 - .70 also this would be my stop
Key resistance - mental .90, then chart 1.02, 1.10, and 1.18-19 and if it blows up like NLST did today 1.36 is next
CHTP another one that could reverse. You may notice it from my previous watchlist. This is exactly the top of signal we may have been waiting for. Today it formed a bullish Harami cross which significance is finding a bottoms in a down trend. you will also notice it held support at 0.917. an open or move above previous days close of 0.96 would signal a buy, and a move above previous high would confirm a buy. a close above todays high would be considered more bullish IMO.
AMSC short and sweet alot of insider buying since Nov. 30. over 300k shares worth over $800k. watch for a move soon. Break 2.84 and 2.86 in play to the 50 MA at 3.34. Then you have 3.88 and 4.07. **new Addition** forgot to add that the past 3 weeks this has been forming up an ascending triangle so if it does break that 2.84-86 line could see it really move.
REMEMBER this is a "WATCH" list take the notes I have given, add to it if you want and apply them with what you know to find your signals to buy in or when to sell. Have a plan, and as always keep a 10% stop loss from your entry point. I.E. $1.00 entry would be $0.90 stop. first learn to read charts study candle sticks and learn some of the significant patterns Bullish and Bearish. plus feel free to leave any input. thanks
Oh and just an FYI settings i use for my indicators
Bollinger Bands set to 20,2
RSI at 10
MacD at 6,13,5
Full Stoch or Slow Stoch 14,3,3