Monday, December 27, 2010

Mondays Stocks In Play

With it being the end of the year few stocks if any are in play at this time of the year. OIH is hovering right under a key resistance area and if it breaks out it should should shoot up. Other then that energy seems to be the sector that is catching my attention at the moment.

Longs:

VLO
CVX
CHK
NUE
ALTR
COST
JPM

Breakouts:

KGC: Volatility breakout in either direction. On the daily timeframe this stock has been forming a triangle and on the hourly timeframe its in a box.

ABX> 52.20
DOW>34.50
NOV>66.00

Shorts:

EBAY
AKAM
UAL

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