This list is made up of high probable stock setups from the previous week's price movement. These tickers tend to match my criteria of volume, high range,and historical price movement with suitable risk vs reward setups. These stocks also have a lower market correlation and act inversely at times from the broader trend.
|1||$STX- is trending very strongly and higher highs has brought this stock all the way up to $35. Watch for the $35.71 breakout this week before getting volatile into earnings.|
$QIHU- Just came back on my ATR scans. This was a Chinese tech stock that I use to play often but now the recent run up can't be ignored. Keep an eye on the 12 EMA from the daily. Since the beginning of November it's held this level very well. Look for dip buys in this area.
$SLV - I'm long term bullish on Silver. The ETF is a great way to get exposure without some of the currency risk of the mines and of course with out the difficulty of physical possession. The daily is a bit choppy but the 2 day chart shows a great "rvr" trade above $30 for a long term play.
$NUS- My prediction is that both the range and volume will decrease. I think the price will follow. I remain bearish below $50 and will look for intra-day shorting oppurtunities.
$CSTR- I like the cup that has formed below the moving averages of this stock. It now is trending up with stronger price action. With NFLX running as well it should give CSTR speculators more reason to invest capital in it. Look for a magnet to $50 on this stock.
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