Monday, June 8, 2015

Watchlist for 6/9/15

Another pullback day in the S&P. Now in oversold territory so we'll look to see if we get a gap up/bounce tomorrow, which could give oversold stocks a bounce as well, or further weekness.

ZIOP- Got some volume today and moved above the 100dma. 25% of the float is short so we may see further upside in the form of a short squeeze. See if it holds $10.10.
AXN- Big PR and up huge after hours. Check in pre market
YELP- Broke below moving averages today. Short on a green to red move or a gap down in a weak market. First target $44.80.
ADXS-  Pulled back to the 8ema Monday. May get a bounce there with a market bounce.
FSLR- Some good movement on this lately in a range. Down near key support now at $49.50. See if it bounces there or breaks it to start a new down trend.
KORS- This one has been rounding down and is at a support area at $48. If it opens lower and holds below, I'll be short. It it opens flat or gaps up and pulls back I'll look for buyers to come in for a bounce.
GEVO- A lot of folks are watching this one for a PR pop. Each day it gets neat $3.60 it seems to find some juice. Looking for the same Tuesday.
YHOO- Every pop has been sold lately. Getting really oversold. Watching for a quick bounce.
MNKD- Big short squeeze in effect. See if it has more on a move over $7.35.


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