Friday March 8th Watchlist
Gran Tierra Energy Inc. (NYSEAMEX:GTE) Looking for a break of $6.25 to add partial position
Cavium Inc (NASDAQ: CAVM) has been pulling back after a sharp rally on heavy volume and I think that it will resume its climb. A good entry point will be around 36.5 to be safer or on a break of the flag.
Zynga Inc (NASDAQ: ZNGA) is flagging right here, watch break of 3.75. Keep it on your watch list going forward.
On daily chart, stock of Apple Inc. (NASDAQ: AAPL) is still in a downtrend despite the pop in price on today's session. The resistance levels are now at 435.07 and then at 440.1. It is better to stay at the sideline. Only a close above $435 would trigger some positive sentiment. Long positions may be considered on a daily close above this level, with a stop-loss at $419
OSK shares have been consolidating a pretty tight range. Volume is starting to build and it may make an attempt at breaking out. Any move over 40 will probably lead to new highs. Let's keep an eye on it.
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