Wednesday, June 15, 2011

Bollinger Band Uptrend Dip Week 2 Watchlist

My goodness, this market is brutal. Another close at a loss. The good news for me is, I haven't seen many candidates turn into actual picks. I have amassed a slew of stocks and ETFs in my watchlist though. A lot of them are poised for "buy" upgrades, but somehow they don't seem to get there. Here are a few that are close though, relatively speaking:


Stocks
Status
HNR
Waiting for RSI, Upper Bollinger Band, and SMA to simultaneously increase in value
BX
Waiting for RSI dip and higher rise and the Upper Bollinger Band to significantly increase in value
QGEN
Waiting for RSI, Upper Bollinger Band, and SMA to simultaneously increase in value
MF
Waiting for RSI, Upper Bollinger Band, and SMA to simultaneously increase in value
CHTP
Waiting for RSI rise higher than 64.23 (a peak RSI value)
AIG
Waiting for RSI, Upper Bollinger Band, and SMA to simultaneously increase in value
OCZ
Waiting for RSI, Upper Bollinger Band, and SMA to simultaneously increase in value


It's probably a good sign that I don't have too many "buy" finalists in this market. Some candidates not featured in the list above have actually tanked since I started watching them. My impatience at having few-to-no poistions was immediately supplanted with gratefulness.

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