Sunday, May 31, 2015

Watchlist for 6/1/15

Back to a bit of choppyness in the market. Watching a few stocks that have been beaten down to see if they can bounce or go lower depending on what the market does Monday.

FSLR- Broke below the range formed after it was downgraded last week and filled a big gap. It's also in extreme oversold territory. Watching how it acts at the open for a potential bounce.
SWFT- Transports have been hit hard lately. This one based all day on Friday so I'm watching to see it it can push above $23.40 on a bounce or it it just gets sold off again.
JCP- It's a thick retail name without a ton of range but it likes to bounce when it's oversold. Sitting on the 20 and 50 dmas now so we'll see if it can get a run over $8.65 or drop on a push below $8.50.
TBIO- Heavily traded name from Friday on news. It was also heavily shorted. It's close to the 200 dma so watching for a bounce there of drop below on it's day 2.
DECK- Friday was it's day 1 down after and earnings miss. Looking for a green to red type move for more down side.
WDAY-  Another extremely oversold name for a bounce.
KORS- Had a few down days after earnings and started a possible bounce Friday. Let's see it it continues or goes lower.


No comments:

Post a Comment