I have to start putting in the time to look at more charts in prep for each trading day. Here is my brief watchlist, 4 of 5 came from Investor Live’s post from tonight. I ran them through Johnny Vento’s average day range calculator for StockFetcher:
| Symbol | Last | %Chg | Vol | 5 ADR | Open | High | Low |
| GNK | 12.83 | 4.39 | 2332000 | 1.69 | 11.81 | 13.5 | 10.12 |
| MBI | 3.09 | 22.13 | 9150300 | 0.52 | 2.64 | 3.16 | 2.12 |
| NCS | 3.94 | 15.54 | 887500 | 0.69 | 3.47 | 4.16 | 2.78 |
| GMXR | 7.21 | -24.58 | 1254400 | 2.12 | 9.39 | 11.51 | 7.27 |
| ACIW | 19.14 | 6.33 | 1012300 | 0.8 | 18.27 | 19.07 | 17.47 |
GNK – All the shippers have been running; the sector may be due for a pullback and GNK seems to have a bigger range than EGLE and DRYS. Short biased, but futures are up now so it may go up more to test $13.50.
MBI – Looks to be at resistance at $3.00 after two days up, may break out or fade.
NCS – @ $4 – may go test $4.50 again, or continue going down from highs from yesterday.
GMXR – Down from $21 two weeks ago, very oversold with RSI. Due a bounce, may bounce off $7 or could keep dropping.
ACIW – Another test of HODY and beyond from yesterday ($19.60) or short under $19 though it bounced off $18.8o yesterday
