[isatrader]

TASR - one of the big Stage 2 winners over the last few years, is showing signs of forming a Stage 3 top, although currently testing the 200 day MA and so a chance of it finding some support here. Although a weekly close below the December low could see a rapid move into a Stage 4 decline.

[isatrader]

A few stocks attempting to make Stage 2 continuation moves intraday - MTOR, MIC

[isatrader]

For the watchlist today - IRDM, OIIM, CMU

           

Additions to the short watchlist - OCN, JDSU, MASI, OPLK, SGI, HSNI, CEVA, RRD, ANSS, BG, SBH, NC, ARG

                                                   

[isatrader]

A few US stocks for the short watchlist - AHS, GS, SBUX

[isatrader]

RLGY - Attempting to breakdown into a Stage 4 decline with some heavier volume and weakening relative performance.

[isatrader]

For the US watchlist from today's scans - FLEX

   

And for the short watchlist - BSFT, LOCK, RMCF, PFE

               

[isatrader]

Stage 3 and 4 dominated the charts again in the US Stocks - Watchlist and Discussion (Premium) thread in the Elite board last week. But there were also some Stage 1 and 2 stocks as well. Here's a sample of some of the stocks that came up during the week:

Long watchlist

SHPG, CRESY, KWK, AMKR, CRUS, ACW, TWIN, MTOR, MIC, CMU, AHS

Short watchlist

CSV, DISCK, GOGO, UACL, COH, CAS, RTEC, PRTA, LIWA, PLUS, CNIT, SCBT, ISSC, BGFV, WSH, SM, NCR, OMG, CHUY, TASR, OCN, JDSU, MASI, OPLK, SGI, RRD, SBH

[isatrader]

NCMI - potential for a possible Stage 4 continuation move lower after consolidating it's initial sharp breakdown for the last few months or so.