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Watches for 15th October

October 15th, 2008 · No Comments · General

As I wrote earlier, I am not going to trade till end of this week OR till I perfect my order entries. Anyway, here are the stocks which I will still be watching.

Once again, 4 day breakout filter has sent me some very interesting stocks. Today’s list was:

DAL,VSE,SPSN,HOTT,KRU,G,ACUS,DFR,SFE,OME,VITA,SUMT,VRAD,KONG,OESX

Which ones do I like?

I am discarding VSE, SPSN because their volume is bit too low for my taste.

1. DAL

DAL - Potential Trade for Oct 15

DAL - Potential Trade for Oct 15

It has a very good average volume of 19 million. Yesterday, volume was lower than average and it also dropped 1% in after market. This looks like a great short setup to me.

2. HOTT

HOTT October 15 Potential Trade

HOTT - Potential Trade for October 15

3. ACUS

Not sure if I will be long or short. It’s a bio company and their product is getting reviewed by FDA and that’s why the run. For last 3 days, volume has increased dramatically and it could potentially rally or tank. If FDA approval comes through, it will rally and if it doesn’t come through, safe to say that it should go back to 35 cents. Definitely one to keep an eye on.

That’s all for now. There are more stocks to study but it’s already 3AM and I gotta catch some sleep.

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