Tuesday, March 22, 2011

Daily Bouncer Watchlist for 3/23/2011

Here is a list of possible bouncers for Wednesday.

CNIT - Bounce play above $3.21, continuation play below $2.91
GLNG - Reverse bounce play below $,23.77, continuation play above $24.87
CHBT - Bounce play above $8.18, continuation play below $7.35
PRAN - Because the move upward was so drastic, I actually like the reverse bounce play below $3.61, I don't like the continuation play because the $4.50 resistance is so far from the current price.

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