Watchlist for 4/17/08

This is going to have to be another text only watch list. I still can’t post pictures on WordPress (or assign categories for my post right now) and most likely will be changing over my blogging platform this weekend. I will keep you posted.

I like:

• RIMM here (or over 124) – Nice well formed C&H
• RIO here – inverse H&S
• The copper plays I mentioned a few days ago – FCX here inverse H&S, PCU same situation
• GNK inverse H&S
• TBSI (another dry shipper) symmetrical triangle
• CEL – somewhat on the lighter side volume wise, but wow thats a nice C&H

Pending their earnings (tomorrow BMO):

• RS – nice well formed multi year consolidation / base
• NUE – symmetrical triangle

And of course keep VMW, NILE, NTRI and BZH on your radar as potential short squeezes.

And as always, check out Momentum Trader, for additional setups.

~ by tradermd on April 17, 2008.