Trade Ideas: MOS, WEDC, NTCT, DTV

Only 4 stocks for review today. The slow market, combined with a sluggish return for non-real time plays, has limited the stocks I could pull from my two Trade-Ideas scan (probably no harm, given the general sell off).

MOS: Channel scan - second appearance for this one (I think). Fast approaching the 50-day MA after an earlier 'Golden Cross'. The January test of the 50-day MA, brought a bounce. Second time lucky? Weekly chart shows a broad trading range between $12.50 - $18.50. Double top breakout from February 6th in play. Price target of $23.50

WEDC: Base scan. Relatively volatile intraday. Support at $5.55/Resistance at $6.10. Weekly chart shows a symmetrical triangle. While the stock price holds above the 50-day MA it should be considered bullish.

NTCT: Base scan. Small hammer at the 20-day MA. Stops go on a loss of $6.40. Buy break of $6.70. A break of $7.90 would confirm a (crude?) reversal head-and-shoulder pattern with a price target of $12. Decent merits

DTV: Channel scan - second appearance. Looks to be angling down towards the 20-day MA, and possibly the 50-day MA not far below. Keep this on the watch list. This downward move could be a bear trap.



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