PotentialSwing List

ArQule Inc. (ARQL) - Long if price stay above 4.30 after first hour on Mon.

Long Portfolio:

Long Portfolio:
Long CGW Global Water @ 25.55 It closed at 25.16 None
Long ( 2 ) PAL Palladium Fund @ 6.55 It closed at 5.68 None
Long EWT iShares Taiwan @ 15.65 It closed at 16.23 Stop @ 16
Long NLR Nuclear Energy @ 32.59 It closed at 35.81 Stop @ 33
Long COW iPath Livestock@ 44.39 It closed at 44.89 Stop @ 43.5
Long HHJ Emerging Cancer @ 16.28 It closed at 16.23 Stop @ 15
Long FUE Elements BioFuel @ 10.0 It closed at 10.09 None

Blogged with the Flock Browser

Plan

Trade Actions:Buy SRS Ultrashort Real Estate @ 84.80 or BetterSell Short RCD Consumer Discretionary @ 39.5 or BetterBuy FBT Biotech @ 23.2 or Better

Safe Haven | Holy Nuclear Cows

Blogged with the Flock Browser

Breakouts

Free pick for May 21st: Exide Technologies (XIDE) got an extra lift after hours on news it would supply batteries for the Peps Boys. The regular trading break of $15.54 probably reflected some whisper buying in this regard. The stock originally featured as a Subscriber pick in February and it has been one of the few picks not to disappoint (unfortunately, not one of many). The stock sports an excellent accumulation trend in on-balance-volume and enjoyed a fresh MACD trigger 'buy'. If there is a disappointment it is the sharp drop in bull trend strength (ADX), from highs of 50 down to the barely bullish 23; further weakness will likely lead to a failed breakout. The point-n-figure chart shows a target of $23.50, but it will take a touch of $16 to generate a double top breakout. I have opted for a measured move target.

Fallond Breakouts

Blogged with the Flock Browser

Potential Swing List

Global Sources Ltd. (GSOL) - Long if price stay above 15.80 after first hour on Mon.

Blogged with the Flock Browser

Potential Swing List

PowerShares DB Commodity Idx Trking Fund (DBC)- Long if price stay above 38.80 after first hour on Tue.

Blogged with the Flock Browser