Weekly watchlist for 9/28/09

Hello boys and girls, another day, another dollar! Sorry for no Fryday update...I took a long weekend and only traded for 30 min Fryday. (also why I didn't get this weeks watchlist out til today)

Anyways jumping right into things...there are a lot of really good setup I ran across on my scans, so I'm just gonna post a link to most of my charts...so until I can get them to hyperlink your gonna just have to copy and paste in your browser(still kind of new to this blog thing, but I'm figuring it out). And just a side note...we've seen selling toward the end of the day the past couple days, this hasn't happened in quite some time...something to keep an eye on.

The four main sectors that seemed to show up in my scans were the semis, ag's, oil and clothing/retail sectors. Also something new to the blog...for all you penny traders...I'm gonna do a separate pennies watch list.

LONGS

DBA-Trendline going all the way back to December of last year, nice wedge pattern, if you can grab it under 24.50 its a great buy.

http://www.freestockcharts.com?emailChartID=210451a9-2f99-481f-aa32-965f041bf6e5

MOS-Inverted head and shoulders...could turn into a channel trade...pulling back to good support, stochastics look good for a nice bounce. I think anything under 49 is a buy.

http://www.freestockcharts.com?emailChartID=b3225bab-09b9-46cc-91fa-3e9c929d789d

TRV-This was on my personal list last week, and would have been my #1 if I could have got it out on Sunday...but my head just hurt to bad from all the poison I drank Saturday. Anyway I still like it for a move higher.

http://www.freestockcharts.com?emailChartID=8452be43-f04a-4ee9-a60b-20bf60e16b28

CCJ-Has it's trendline from the March lows still holding...and its sitting on it right now, stochastics pulling back, MACD pulling back...nibble at 27

http://www.freestockcharts.com?emailChartID=d07370ab-5d3f-4852-8e93-e5ba2417822d

JOSB-Love this one...we could have a double trend line bounce, stochastics, MACD both pulling back.

http://www.freestockcharts.com?emailChartID=ad1b86b7-24de-4697-84a1-bb7379d68b6a

WFR-It's not ready yet...but if you can let it pull down to 16 or under I'd be all over it.

http://www.freestockcharts.com?emailChartID=6dadc69d-9b2f-4d97-a8d0-9388773cf4eb

GGG-Also like this one a lot...also not ready yet...let it come down to it's 50 EMA...then nail it.

http://www.freestockcharts.com?emailChartID=21d5ffce-d0de-4e7d-864f-3b5b5b5e7f9f

WFT-Great channel trade happening in this one...bounced off the lower trendline today, if it pulls back to under 21 its a buy.

http://www.freestockcharts.com?emailChartID=e9e3148d-7ce2-42e4-a1bf-a8e90a71505a

ETE-I came up with my own pattern...I call it...the parallelogram...(this is what happens when you chart for 8 hours straight)

http://www.freestockcharts.com?emailChartID=33802998-7098-4b15-b6b4-7cc5fcfa684e

AU-Channel trade anyone?

http://www.freestockcharts.com?emailChartID=9697d7c8-8777-4aa8-a5e7-1156857bb8ae

LII-Another channel trade

http://www.freestockcharts.com?emailChartID=d5eda91a-ac8e-4ca7-98c9-903c9d524a74

TBL-Falling wedge...maybe getting ready to break out.

http://www.freestockcharts.com?emailChartID=01c15246-b08e-412a-845b-c37071c82793

TXRH-Like this one a lot...double trendline bounce?? If you can get it at 10...good work

http://www.freestockcharts.com?emailChartID=892dab08-385a-4915-99c7-e0998e6e538b

CAKE-Rockstar channel trade if I've ever seen one

http://www.freestockcharts.com?emailChartID=e4d35453-ab35-4ee2-9118-bcfc278a6922

My eyes are killing me...im gonna finish tomorrow