Sunday, May 3, 2015

Watchlist for 5/4/15

YELP-Weak bounce Friday after big earnings miss. On watch for short maybe on a green to red move.


X-Lower on Friday after a weak bounce. It's oversold but we may see another move lower before it can bounce.


 COH-Down three days in a row and approaching the 200dma. Should bounce. May need to tap the 200 first.
OCN- Tapped into the 100dma on the daily chart. Take a look at the 5 min chart here for and "all day consolidation" pattern. Looking for a break out here and a run to the 100.


XOM-broke range and poked through the 100dma on Friday. Looking for continuation.


CSX-Big run on earnings a few weeks ago with a nice pullback and range break. Continuation.

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