Tuesday, March 8, 2011

Stocks to follow

Day trading – SDS, TZA, VXX, HAL,TBT
LONG –
1.       TLT – above 91, target 94
2.       TZA – above 41, target 43
3.       VXX – above 33.5, target 37.5


UPDATES:
1.       TEVA - yesterday went down below 50 and broke a very important support line, for now an investment in TEVA doesn't look good, but there is a possibility that yesterday's move was a fake move. If today the price will not pass the 50 so it's better to stay away.
2.       EWZ – play's nicely above 75 but went down yesterday to 74.8, if in the middle of the day the price will go below 74.5 – it's SELL.
3.       FLS –Gained 2% on Thursday but went down on Friday, because the pattern didn’t look good on Friday it sold at 129.

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