Wk19: Stocks to Watch

4 May

Stay tuned for future updates and the return of weekly chart analysis and soon to come…video watchlists! Until then, here’s the idea’s for this week.

There were very few stocks with showing our entry signal so here are a few to keep on your radar and awaiting a good entry point.

AAN, ARST, CPN, CPSI, CYOU, HANS, MVSN, ORLY, PTRV, QSII, TECH

Week 18 Recap
Profitable:
QSII broke out and setting up for yet another entry
CPSI broke out nicely

Still Waiting:
ARST still waiting

Failed before entry (no harm, no foul):
PNRA Broke down on earnings (we never hold a full position over earnings; unless we have a profit going into earnings we usually close the entire position. Pay attention to those earnings announcements).
DRI, FWRD, HRS, & VIVO Never triggered as well

As you can see, by sticking to our trading entry and exit rules we eliminate fake out trades and have an extremely high success rate. 2/2 for trades placed on the week, not too bad in a sideways market.

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