Monday, May 12, 2008

Stocks to Watch for Monday

On the DJIA and Russell 2000 buying occurred on Friday near the 30 DMA. On the S&P the buying occurred near the 20 DMA and on the Nasdaq the buying occurred above the 20 DMA. Watch for sustained buying and a potential support bounce going into the new week on Monday. These stocks had chart patterns worth watching on Monday: Potential Breakouts FWLT, NOV, NVDA, CNX Potential Support Bounces BIDU, ESI, JASO, MA, MICC, NUE, V A change in my travel schedule interfered with posting this sooner.

No comments: