[isatrader]

A number of interesting looking stocks came up in the Elite Board US Watchlist thread this week. Here's a few of them:

CEP - Stage 2 continuation attempt from cup and handle pattern. Also a noticeable volatility contraction over the last year and strong volume on the up weeks in the last few months. Potential for a monthly Stage 2A breakout attempt to new multi year highs

       


PSDV - Contraction in volatility over the last year while grinding higher. Potential for a Stage 2 continuation breakout attempt. Monthly Stage 1, with a three year inverse head and shoulder pattern on the monthly chart.

       


CDXS - Stage 2A breakout, but still with near term resistance and volume didn’t reach the 2x requirement. Monthly attempting to move into Stage 1A.

       


INVE - Stage 1B. Watch for a potential breakout attempt. Monthly attempting to move into Stage 1A. needs to close the month above the 30 month MA

       


The daily US watchlist picks can be found in the Elite Members section of the site. To become an Elite Member you need to join via the one off fee on the front page of the forum here: Premium Services