Tuesday, September 29, 2009

A few for the road

Here are a couple of plays:


CATY- This is going bottom fishing but it provides a clean out, at 8.19.  It's oversold and nearing a previous Horizontal l level.  Would like to see it move up a little before getting to long.


CENX- bounced off support yesterday.  The last two candles show support can hold, a doji on Friday with light volume then a bullish candle yesterday with good volume.  Almost forming a double bottom, but be careful if it starts to run up it has failed at its 200EMA each time it tested it.

SOLR-A break of 6.25 would be a clean break of the down trendline and the triangle it is in.