Thursday, March 24, 2011

SHAW Intraday Reverse Bounce


SHAW was good for a quick 15 minute trade today. Short opportunity was below $34.89 and the momentum seemed to be running out at about $34.74. Not a lot, but keeping profits are the way to trading success.

Watching SHAW

SHAW looks good for a possible reverse bounce below $34.89.

Watching NVDA

Could run some more if it breaks above $19.41. Could fall if it breaks below $19.26.

Wednesday, March 23, 2011

Daily Bouncer Watchlist for 3/24/2011

Here is a list of possible bouncers for Thursday.

CHBT - Bounce play above $7.89, continuation play below $7.42
GLBL - Reverse bounce play below $8.75, I don't like the continuation play.
HGG - Bounce play above $13.35, continuation play below $13.01
EROC - Reverse bounce play below $10.15, continuation play above $10.35
BAS - Reverse bounce play below $23.69, continuation play above $24.32