Day Trading Lessons

Watchlist for 1/5/15

January 4, 2015

BCLI - On Friday this looked like it was going to be the next NDRM at first, but pulled back some. However, 7 seems to be holding up, it's in blue skies, so it could just be resting to continue its run as a breakaway gap.

FRPT - Retesting the 16.5 breakout area. Could rip higher from here.

HDP - Sweet… we're getting a retest of the breakout area. Look for 25 to hold.

MOMO - Looks like its gearing up some for a possible upside move.

VIPS - Swing trade idea. Breaking out of the falling wedge.

ARCP - Very speculative, but the chart is acting very strong with key breakout levels at 9.3 the 10 magnet.adx

RH - Acting tired. Possible pullback to 90 if the market brings it down. Would consider shorting if it pops to 96 and begins fading off.


Be sure to check out my FREE stock scanning service Momentum Stock Scans.com!