Watch list for 3/21/14

I'm breaking these up into A and B trades. As you might guess, I am more confident in the A trades and in the case of today's B trades they could take another week or longer to trigger. Most of my A trades, I expect to trigger within a couple days in most cases. Admittedly, CBIS and FITX may need a bit more time to trigger but you never know.


A - Trades:

TEMN - This is a very cheap stock with a surprisingly solid chart. Its almost formed a fry pan bottom formation, the 8 day just crossed the 20 and it is getting close to a breakout pattern on the chart. I like it! The Fry pan bottom is officially confirmed by a gap up after it form the right side of the pan. The safest play is to buy it on the gap up open. If it does not gap up soon, I think you could also wait till it breaks thru .0033 but .003 has also been major resistance in the past. If it breaks .003 with all of the other things going for it I will likely buy it anyway.

CBIS - This closed down a bit today but the setup is still in tact. Keep an eye on it.
 - Original post for CBIS = [Watch for a breakout at .21. I would expect a move back to .25 to .30 if it breaks .21 with conviction.]
 
FITX - This never made a move for .10 and closed down quite a bit. The setup is still in tact however. Keep and eye on it for a another test of .10
  - Original post for FITX = [Watch for breakout at .10 for a likely run to .11. If it breaks thru .11 which I expect it will very soon it could have a really good run. It may not make it thru .11 on it's first attempt but I think it will very soon.]


B - Trades:

FFFC - This is another sleeper play. I think there is a chance it could wake up in the next few days. If it wakes up I will buy it, I will probably safely hold it till .0020 or maybe .0028. It a bit dicey at these levels. 

REVI - My thoughts have not changed on this yet. Continue to watch for movement.
- Original post for REVI = [Looks dead in the water but has some technical indicators that make me think it could be getting revi-ed up for a run. Keep an eye on it and jump in on big volume in an upward direction.]