Sunday, April 20, 2008

Weekly Watchlist

OMNI Energy Services Corp. (OMNI). OMNI has been trading in a range as of late and we finally broke that pattern on Friday with more than a 10% move. I expect this stock to really move this upcoming week.

The Mexico Fund, Inc. (MXF). Watching for an ascending triangle breakout.

Morgan Stanley Emerging Markets Debt Fund Inc. (MSD). Here we have the first closed end fund to appear on the weekly watchlist. Watching for a symmetrical triangle breakout/breakdown.


Modine Manufacturing Co. (MOD). Completion of inverted head and shoulders pattern on Friday.

Cytec Industries Inc. (CYT). Symmetrical triangle breakout here. Looking for several days of follow through here.

Cirrus Logic Inc. (CRUS). Watching for a break of resistance before getting long.






3 comments:

Bubs said...

Not sure if its just me but it looks like your feed is shooting blanks

PRD trader said...

Hi,i like your blog,i added u in my blog roll,could u please add me to yours.

John CPA said...

I see your chart for April where you mention about possibly going long; but I detected a slight negative divergence. Then, as of June, there was a big drop down. I haven't had time to check it out further. Do you know - was there some news that came out that caused the drop?

I enjoy your info.

John D. Thomas
http://www.analyzeanystock.com