Stocks to watch for week of 10/29 - 11/2

[brownsfan019]

I thought we could try a thread listing some stocks to watch for the upcoming week, each week. I am trying to get back into watching some stocks and some that Tin has found ended up being some nice plays.

I'll be upfront - I don't have much to contribute to this thread right now. I know... I was hoping to provide some feedback on stocks being mentioned until I figure out what type of stock trading/screener software to use. I'm dragging my feet on this as I'm not sure what I want or need.

So, if you have any stocks/etf's that you are watching this week, feel free to list here and elaborate if you want. If not, just tickers will work too.

Good trading swing traders!

[brownsfan019]

I'm toying with using prophet.net as they have some scanners that may work for me... we'll see.

Off their list here - http://www.prophet.net/explore/charttoppers.jsp - called 'Chart Toppers' here's a few that grabbed my attention:

NYSE:
PMI - High Volume Hammer (a total of 3, first one failed)
CFC - Already had a high volume hammer, just noting here
RDN - High Volume Hammer
IMB - Already had a high volume hammer, just noting here

NASDAQ:
TGIC - Had high volume hammer, Nice bullish engulfing/spinning top, still playable

That's about it for tonight. I'm not sure what prophet defines as 'chart toppers' but the common theme I found was volume. They have a number of other scanners and such, so this may work best for me. For now, I'm thinking high volume, % gainers/losers could be useful with the candles.

Charts attached with brief annotations.

[brownsfan019]

I should note something on those plays after I got some sleep - I didn't see many (if any) where there was some support level around. I would prefer to see any level tested before and with the free stuff available at prophet, I didn't see any. Most of these looked like these were new lows, at least recently. The potential concern there, as you can see in a couple of these is that you may need to take multiple hammers or whatever before one works. You could also be caught buying into a strong downtrend.

Point is that tread carefully on just buying high volume hammers w/o any other support around. And as always, make sure to do your OWN homework and due diligence before placing any real money on the line.

[TinGull]

[TinGull]

Hmmm...on EEM I have some discrepancy with volume on other charts. Seems as though this prophet chart is showing less volume on the break, where on other charts I see stronger volume on the break. So...EEM is a good go for me.

[TinGull]

and ESLR in the solar complex...

[brownsfan019]

Tin,
Check out that hammer on PBW towards the left side of your chart. That's what I am talking about in this thread.

WOW.

[TinGull]

Yup, and thru VSA we'd say an ULTRA wide spread on ULTRA high volume breaking into new ground is a good sign that institutional flow is starting to take part.

[brownsfan019]

	Quote:	TinGull
	Yup, and thru VSA we'd say an ULTRA wide spread on ULTRA high volume breaking into new ground is a good sign that institutional flow is starting to take part.

We may be onto something here Tin - with my candle analysis and your VSA confirmation... hmmm... can you say 'hedge fund'



PS
I am not joking.

[TinGull]

Also with ESLR on a weekly....