Tuesday, April 5, 2011

Daily Bouncer Watch List for 4/6/2011

Here is a list of possible bouncers for Wednesday.

XXIA - Bounce play above $14.13, continuation play below $13.75.
MNOV bounce play above $2.36, continuation play below $2.21.
DGW is setting up nicely. I like the volume and the exhaustion candle. Bounce play above $3.41.
AONE - Bounce play above $6.04, continuation play below $5.90.
MERU - Bounce play above $16.22, continuation play below $14.57.
MAJC has been in the watch list for the past few days. It will likely continue to be because of the potential this play presents. Needs volume to really be in play though. Bounce play above $0.54.
I will continue to watch SBAY and CBEH. Still watching RST to break $14.00.

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