[isatrader]

ADEP - still on the edge of a potential Stage 4A breakdown.

       

[theory6453]

Potential continuation moves for the watchlist - SIMO, SMED, XRS, ORBC, RCON, WAT

Here is a chart that looked interesting to me as it came up on my Heavy Volume scan: SIMO. Isa highlighted it back in January as a Stage 2 continuation move and now it is approaching its 5-yr high. It scored pretty favorably on my Weinstein checklist and has a very strong IBD Accumulation rating. There doesn't seem to be any overhead resistance and if it can push past $23.50, it may have some room to run.

   

[isatrader]

A few for the short watchlist today intraday - BOFI, SNAK

       

       

[isatrader]

BECN is attempting to make a Stage 4A breakdown from a large one year Stage 3 range. Relative performance is very weak and there's strong intraday volume.

[isatrader]

TASR - attempting to move into Stage 4

           

[theory6453]

For anyone looking for some nice Stage 2 charts from a strong sub-group, per the OptionsMonster sub-group rankings, the Hep-C drugs group is up 103% over the last 3 months... ABBV and GILD both probably would have stopped out in Mar/Apr if you were holding them, but they have since rebounded and moved higher. ABBV had particularly good volume about 2 weeks ago.

http://www.optionmonster.com/researchlab...?tag=HEP_C

       

[isatrader]

A few miners for the watchlist intraday - ROYL, GPL, PPP

           

[isatrader]

More gold and silver miners for the watchlist attempting to breakout into early Stage 2A - EXK, GDXJ

Time to have a broader look at the precious metals miners sector I think.