Daily Bouncer Watch List for 4/8/2011

Here is a list of possible bouncers for Friday.

MERU - Bounce play above $15.93.

DEER - Bounce play above $6.73, continuation play below $6.38.

IDI - Bounce play above $1.62, continuation play below $1.45. Needs more volume.

MAJC - Bounce play above $0.47.

I am also watching VALV.

Review of Watch List for Thursday

Not a bad day for the watch list.

RST finally broke $14.00 and hit a high of $14.43 on the day.

CNIT broke $2.70 and hit a high of $2.83.

LPH broke $1.60 and hit a high of $1.72.

Daily Bouncer Watch List for 4/7/2011

Here is a list of possible bouncers/bottom plays for Thursday. Some do not have the usual bounce play setup, but I think they are good potential plays nonetheless. The stocks that do not have the usual bounce setup, and for the small cap lower priced stocks in general, I find they are safer to play if they open the day in the previous day's range, and move beyond the buy or short signal during regular market trading hours.

ONE - Bounce play above $14.50, continuation play below $13.86.

LLEN - Bounce play above $6.24, continuation play below $5.85.

LPH - Bounce play above $1.60, continuation play below $1.51.

LOGI - Bounce play above $15.01, continuation play below $14.84.

CNIT - Bounce play above $2.70.

CBEH - Bounce play above $2.44.

SBAY - Needs more volume, but bounce play above $2.32

Continuing to watch MAJC and RST as well.

Watching SWKS

For a bounce play above $27.98