Thursday, June 4, 2015

Watchlist for 6/5/15

Pull back day in the S&P to end the day right around the 50dma. No telling where we go from here so we need a plan for an up or down day Friday. Employment rate and Payroll comes out at 8:30am eastern.

KORS- Had this on the watchlist to short at it's upper trend line today. After tapping that line for two days it finally broke out in the afternoon. Looking for higher and a run to the 8ema at $50.50. Maybe a red-green move.
FSLR- The downward pressure continues. Below $49.40 can trigger stops and send it lower.
GEVO- Started coming out of it's range and tried to go a few times today. $4.05 is holding it down. I'll be a buyer if it can hold $3.60.
VLTC- This one likes to fade and that's what it did today. If it can hold $7.60 it might bounce. If that fails and it fails the 50dma it may be a nice short.
ESI- Looking for a bounce at $4 which is also the 8 ema.
YOKU- It's been held down by $30 - $30.10 for 2 1/2 days now. Looking to see if it can get over or if we should just keep shorting it there.
NAV- Down on earnings today. Looking for a green-red move or, if it opens down, a break down of $24.40.
FEYE- I was initially looking at it to break below the trend line that it's been riding for the last few days as it starting to get away from the 8 ema. But it's up AH so that TL may become support again if it fades off the open.



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