Watchlist for: 12/7/15

 

FCEL: Up over 800%, reason is a 1:12 stock split. Very flat chart up until this, not sure what will happen, close lvl 2 and time and sales monitoring for this one

AFMD: Support near the 5.75 area, not sure where/what the upside is, just keep half an eye on it for a while

LIVE: Up 65%, somewhat overextended, do research and look for news, could definantly wait a little more to short, not really a breakout

NG: Sitting at 4.26, just broke breakout level tested 3 times at 4.20, Didint go much afterbreakout, look for direction hints on lvl 2 and T&S

SVA: Just broke the breakout of $6, sitting at 6.18, if it dips down to breakout level and holds as support, could be a good dip buy

BOX: Sitting .10 under the breakout level around 14, has been testing it a lot, watch for break, could be a decent move. Price is a little high though

Longer term radar:

SGY: Just failed to break a previous lower high, cold be creating a channel, watch to see if it hold the bottom at $5 or so, could wait for breakout or breakdown if it creates that channel

NPTN: Gradually climbing towards the a resistance level of 11.19, sitting at 10.59, no overhead resistance to worry about if it breaks, doesnt mean it will run forever, take profits early

TRUE: In a genting climbing uptrend with higher highs and higher lows being out in, not sure if I will play but still interesting, could watch for first lower high or lower low for a short

 

I hope this helps and Happy Trading!!