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Watch list for week of 2-20-06
at 2006-02-26 00:49:55

Here are the highlights of my market homework software this weekend:



Some of those stocks are near new highs, but most of them look like they might be trend reversals where the stock has been below its 50 day SMA for a long time and has recently been able to hold its ground above it. The most interesting chart in my opinion is the first one, RURL. RURL is consolidating near multi-year highs, and is towards the end of a triple cup base on its daily chart. I don't know if RURL will break out or not, but it is one of my favorite chart patterns to trade because support and resistance in the pattern are so obvious.

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