RE: US Stocks - Watchlist and Discussion (Premium)
LPX appears to be dropping through its neckline today
(2014-05-16, 02:44 PM)isatrader Wrote: A few for the short watchlist early in the trading day - CSIQ, SRI
CSIQ - Stage 3, but attempting to break below the it's recent swing low which formed below the flattening 200 day MA, and so could make an early move into Stage 4A after it's huge Stage 2 run over the last year. Potential for a big drop if it breaks down, as has very little nearby support.
SRI - Attempting it's first Stage 4 continuation breakdown after moving into Stage 4A in January.
And for the long watchlist - DDS
DDS - Attempting to make a Stage 2 continuation move from a one year cup and handle pattern, but with only average volume so far, which needs to improve significantly by the end of the day.