Stocks To Watch April 24th, 2014
Because I am not sure which direction the market is leaning short-term I discuss rebound, breakout and short candidates.
As long as the Dow Jones Industrials [16,484] and the SPX [1,877] can hold above 16,478.41 and 1,878.04 respectively then stocks should should be stable if not bullish otherwise if the breakouts fail on the weekly charts then the bearish case will get louder.
CSIQ [$30.66] and STMP [$34.27] are REBOUND stocks that can be bought around here with a 5% to 8% protective stop.
PQ [$6.00] can be owned above $5.72 on the weekly chart and GOL [$5.95] above $5.60 on the daily chart look like good BREAKOUTcandidates IF the market stays strong.
GWPH [69.15] and HLF [57.52] are SHORT candidates at current levels.
Kindly watch the video for price target guesstimates.
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