Wednesday, February 25, 2015

Watchlist for 2/26/15

SPY still near highs but a bit choppy as it works off it's overbought condition via time.

Names on watch for 2/26/15

YELP- Consolidating under a trendline for several days now. Looking for a pop over.
CBI- Big break out on the daily with earnings. Looking for continuation here.
ARUN- Huge jump Wednesday afternoon on HP news. Not sure if it will do anything but worth a look.
RDC- Big move down Wednesday. Looking for a short if it pushes under $21.50 at the open.
COH- Overbought and extended here. Like this for a short. Maybe one last push higher first. G/R type move.
DO- Down a second day stretching the Bollenger Bands. Might get a quick bounce here.

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