Thursday, March 13, 2014

Watch list for 3/14/14

USEI - Showing a notable uptick in volume and the stochastic oscillator on the daily chart is getting very close to buy signal. Keep and eye on it for a continue upward movement.
- post day review 3/15/14 = No movement to speak of. Could still be in play but not overly optimistic.

VGPR - Just starting to rebound. Closed at .002 today, guessing this will move to .004 or higher.
 - post day review 3/15/14 = continued its move today up 55% - Watch for major resistance at .004.


DDCC - Continuing to watch for breakout above .03, this has tested .03 8 times in 11 days.
 - post day review 3/15/14 = No movement to speak of. Keep watching it - still in play

TTDZ - Tested .01 but didn't break out. Keep watching.
 - post day review 3/15/14 = It finally broke out and closed above .01 at .0105 - Watch for resistance at .0134 and major resistance at .014. If it breaks .014 it should run a bit.

ERBB - Still like this one, buy if it breaks .045. This is a rare case where I would buy before the breakout. I'm expecting a run to 6 or 8 cents in the short term.
 - post day review 3/15/14 = This is still in play but it refuses to go quietly. I like it long term.

STSI  - Has not started its move yet. Watch for break out at 1.14 and hope for upside to about 1.34
 - post day review 3/15/14 = This one keeps creeping up a bit at a time. I think once it breaks 1.10 it is likely to make its move on my target entry of 1.14 and run to 1.34 if not beyond. Also worth noting that it has formed a decent reverse head and shoulders pattern.

EXMT - I was watching this one from my 3/13/14 watchlist. As you can see in that post I was had bought a few shares and plan to hold until .0131.
  - post day review 3/16/14 = (Chart below) - You can see that it did just reach my objective sell point but I wasn't able to catch it in time before it went back down. The lesson here is to set you sell a tick or two below your expected breakout objective.

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