[isatrader]

Here's a few of the stocks that were highlighted in the Elite Board US Watchlist thread during the week.

JRJC - Highlighted on the 18th at $6.87 as a potential continuation attempt developing after it's extreme pullback in the last six months or so. It's exceptional volume continued for five days and it managed to close the week above the previous highs at $10.29, and so is already 50% higher than where it was highlighted on Monday. The weeks volume was over 27x the weekly average volume, and puts this months volume as it's biggest month on the charts, and so could have some momentum for a further push in the coming weeks/months. Although there is likely going to be some extreme volatility, as it is obviously extremely extended short term.

           


TA - Highlighted on 22nd. Potential for a Stage 2 continuation breakout attempt above $11, with a strong volume move towards the top of the Stage 3 range this week. If you scale out to the monthly chart, you'll see a three year cup and handle pattern, that's formed above a rising 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