2/10/15 Watchlist

Lower volume, range bound market action continues. Be quick and take profits where you can as follow through is still limited.

Names on watch for 2-10-15:
CONN- Overbought with a parabolic short setting up. Look for a pop to short against the 100DMA at $25.60.
OPK- Overbought. A break of $13.90 could signal the break of it's uptrend for a short.
YELP- Held it's downtrend line again on Monday. Let's see if it continues down of make a bounce.
QCOM- After hours action on the settlement of a lawsuit in China. Looking for a break of $69 then $69.60.
GLUU- Another overbought name. A break below $5 could signal a reversal for a short.
YHOO- Down 5 days in a row. Looking for a bounce here. Break above $42.80 for confirmation.