Tuesday, February 10, 2015

Watchlist for 2/11/15

SPY held the 8ema and close at the top of the range. Wednesday we may get to see if we can break out of the range or pull back down inside it.

Stocks on watch:
CONN- Close against the 100DMA and more overbought. Look for a breakout failure above the $25.50 area
OPK- Barely held it's trend line today and close below the previous day's high for the first time in a while. We may finally get the crack on Wednesday.
FSLR- News out on Tues which gave it a pop. Looking for continuation with a target of $50.20
YELP- Consolidates all day on Tuesday. Look for a breakout First thing Wednesday.
CSOD- Got and upgrade Tues and has earning Wed. Looking for a break of the trend line higher.

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