My Top watches for Monday

CDTI, NM, CASI, SIFY

 

Potential b/o

CDTI - On Friday I was thinking this would be decent o/n trade with it being up nearly 30%  on the with an 8K as catalyst and it closing strong near its highs. Unfortunately, I traded LBIX instead on and used up my last day trade. So I didn't want to hold a position that I couldn't get out of if the worst should happen. Anyway, if it can break above it's $2.25 resistance I'll looking to trade it.

NM - This is another stock I'm looking to trade if it can break above resistance @ $1.80. This has ran before so I'll be watching this one like a hawk tomorrow 

PBMD - Multi month Cup and handle formation. This stock ran from $0.6 to $6.5 in May 2015 and it looks to setting up for another move. I'll be looking to see if does anything significant for the next supple of weeks. 

SRNE - Like LBIX on Friday, I think this stock could re-challenge its recent highs. My reasoning is based on the fact that it bounced so well off $2.75 and ended the day strong. If it can break past $3.75 ill be looking to trade it.

 

The faster they fall the better they bounce!! 

CASI, PSTI, SIFY - With these stocks having such steep drop offs, I'll be looking for bounce plays ONLY at key resistance levels. I think CASI and SIFY might already be starting to shift directions but I'll wait for further confirmation with tomorrow's price action. 

 

Recent movers and bounce plays that I am watching for 

LBIX, ROKA, CATB, INFI, HMNY