Thursday, June 5, 2014

Multiple Top Technical Analysis Screener - Stocks to Watch $RLD $NXPI $CBM $ESC

Here are some stocks I am watching for breakout (Own Long) or resistance rejection (Put Options). Stocks must have over 200,000 average volume daily as well as have a stock price >$10. Everyone has different opinions on this, but I only like trading liquid stocks that are not volatile (A la $PLUG, $RSH etc.)

Emeritus Corp - Trying to break through the $32 mark for the 6th time. Otherwise looks like an easy short down to $30

NXP SemiConductors - Trying to break through $62.50 yet again. Recently dropped out of its upward channel.

Cambrex Corporation - Bit of a stretch, but could be a triple top and with more weakness a short back to $18 level

RealD Inc - Trying to break through $12 mark AND simultaneously stay in the upward channel. Could be the most explosive of all the stocks.

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