Saturday, March 26, 2011

Review of Daily Bouncer Watchlist 3/25/2011

Here is how the stocks from the Daily Bouncer Watchlist for 3/25/2011 fared on Friday.

VRX was a solid continuation play, reaching a high of $45.99 from the buy signal at $45.17. The stock is also setting up nicely for another try at the reverse bounce play, and will be mentioned in the watchlist for Monday.
PHH was a continuation play, reaching a low of $20.78 from the short signal at $20.92.
KND was a good bounce play, reaching a high of $23.77 from the buy signal at $23.27.
LFC didn't have too much movement on Friday, opening under the short signal, but not moving much below that level over the course of the day.

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