Monday, February 20, 2012

Weekly Watchlist Highlights


Watch list for Tuesday, 2/21 through Friday, 2/24


JPM – 39.45 – Breaking out of good basing pattern and through resistance
WFC – 31.20 – Breaking out of basing pattern and through resistance
BBBY – 60.00- Broke downtrend on Friday, watch for FTD (follow through day) and break of resistance
QCOM - 63.00 – Broke out to new highs Friday, watch for FTD and big volume
WYNN – 116.38 – Breaking descending trendline, watch volume and 50d at 118’s resist
GMCR – 70.50 -  Breaking out of basing pattern, and major resist, watch volume and 50d at 76’s resist
VMW – 100.30 – Breaking resistance and $100 mark
WDC – 41.87 – New Highs, watch volume
CME – 300.00 – Breaking resistance, should test highs of $316




QCOM-
VMW-
WFC-

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