Watchlist for Tuesday 09/02/2014

by - 6:27 PM

This is the first post of my daily watchlists. I'll try to put a watchlist daily after market close, so subscribe or check out daily for trading ideas. Here's what I'm watching:


RadioShack shares skyrocketed since tuesday of last week when Standard General LP, one of RadioShack's largest shareholders, negotiates a possible rescue package with investors to stave off a bankruptcy filing.  RSH then rised near to it's 200sma before pulling back.

Depending on news this week, I see two possible outcomes, this will either pullback somewhere near the 1.50's for a later move above the 200sma  or it will crash back to 1.00 or below on negative articles. Either way, this is a stock to watch for both long & short setups.



GPRO is making new highs after breaking above $50. I think it'll pullback to test $50's support before going higher.


CLUB is sitting rightnow barely above its 50sma and it looks like it wants to fill that gap tp $6 from late July. It is important to watch if the 50sma is still resistance or if it now acts as support.


Coming out of oversold and MACD bullish crossing, if GRH crosses above the 50sma, the next resistance would be at 2.40, making it a nice trade.

I hope that you profit from this watchlist!
Good Luck and Have Profits!

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