Watchlist for Tuesday 09/08/2015
BTU making a cup and handle pattern with the last pullback. It showed good strength the past days and I expect it to go up and break the recent high, possibly above 3.00. Energy sector conditions will be critical for this setup.
CLF another energy play. It's flagging above the recent breakout area and seems likely to continue
upward.
NES, another flag setup. It hasn't close green yet, but when it does I expect it to resume its way up.
Another Oil play, OAS, of all this is the one that I like the least because of the range. It's forming a nice pullback and setting up for a breakout but there's a previous support area from early in the year which might act as resistance at 12.00.
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