Monday, June 1, 2015

Watchlist for 6/2/15

Another inside type day for the S&P as it closes between some moving averages. Bulls and Bears are still vying for control. Until that's sorted out we'll focus on technical set ups and stocks with catalysts.

TEX- Started a bottoming type move Monday. Could get continuation over $25.20. If it fails there I'll be looking for lower.
KORS- Moved as we hoped it would from Monday's post. If it can hold over $47.50 we may get a run to $49.
CBI- Continued it's bounce off of the 20 dma and closed above the 8. Looking for higher maybe with a red/green move or a bounce off $55. Target $56.70 and $57.80.
FSLR- Started a bit of a bounce today. If it opens weak I may look to buy against the low of $49.25 or if it opens strong over $50.20 area.
DECK- Weak bounce Monday. Looking for a short below $68.30.
WDAY- Oversold bounce started. My continue to run over $79.50.
TTWO- Flagging for a move over $27.40.


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