5/20/2014

Anticipation Setups For May 20, 2014



Repeated failure to breakdown increases possibility of a bounce. It was not very convincing bounce but yesterday was playing out decently.

Individual names at turn are showing possible signs of short term bottom and that was my hunting ground yesterday with positions in PCLN , GOOGL, AAPL.

The biotechs are showing decent breakouts , watch that sector. The bio/drug stocks that managed to hold gains like ITMN , ANIK, QCOR are already in breakout  mode.
Breakout anticipation Candidates
ITUB
SEM
AGN
CLH
BWP
AHL
BMA
GMCR
IPI
ODP
PBR
STRL
VDSI
ZBRA

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