Just a few charts and stocks to watch for the coming week…
So far, looks like Europe may be up on some news out of Italy and it’s new government which is ready to announce its economic plan this morning. US futures spiked up a bit so far on the bounce in Europe. Now lets see if they hold up as the S&P is near its recent highs.
TSRO – Just broke the fuck out of this nice consolidation pattern. Missed the easy money but I’ll keep an eye on it and see if it wants more…
LEDS – nice vol coming in recently. Might be worth watching for further action.
SPWR – solars have been hot as of late.. This one could go both was here.. needs to pop above that 14 area for a continued move up.
CSIQ – Another solar thats been hot. CSIQ seems to have been lagging the others.
RVLT – Might be ready for a pullback here…
VHC – Looks to have put in a bottom and some nice vol coming in… could go towards 24 / 25 area.
Possible options plays
GS – still in downtrend here.. lets see how the market opens up. Could play some puts here if weakness is observed.
FB – Earnings today April 29 I believe. Could be a nice mover in any direction but for now the overall trend is down.