RE: Watchlist - Traders method
Charts of interest to me....JKS is looking good. Nothing is perfect but just completed a H&S almost 2 years old. This one I bought. Haven't done anything on the others yet.
ZHNE has earnings report tomorrow and jumped 18-19% on huge volume yesterday. It looks like a possible continuation buy. I don't like the resistance at 1.50 although it is about a year and a half old. RS looks ok on the initial breakout. Just acceptable to me. It interests me because it broke through near term resistance with such large volume it is making me think the earnings will be good news tomorrow.
Waiting for VSAT. it is at 10 year high, RS and volume look good. I guess I would look to buy on a break above 73.5 or if it comes closer to the TL or MA, but wondering if it is establishing enough support at 67.50 to buy now and set a stop there???
RWC looking to see if that steeper TL holds or if it falls back to a safer buying area. Otherwise RS is great, volume good. Not at a 10 year high but resistance is old.