Trade Ideas: BANR, CSC, IMOS, LWSN, TRX, HYB, ETB, LRW
These stocks were taken into the days close, so fills are likely to vary from what is listed here. The software took just under 10 minutes to come up with 8 different stocks. BANR : Nice end of day hammer to confirm support at $33.20-33.35. Point-n-figure chart holds to a $54 price target as part of a November 3rd double top breakout. Run stops on loss of $33.20. CSC : Consolidation breakout. Weekly chart shows strong resistance at $58, but heavy buying volume since late October should be able to consume. Projected base target of $74. Point-n-figure target holds to $78. IMOS : One for watch list given $7.40 resistance could knock the recent bounce off $6.59 lows down a notch or two. An earlier symmetrical triangle on the weekly chart failed to generate a move, as prices passed through its apex (c$7). Short term bulls should look for $9. A break of $5.50 would favor a move down to $3.50. LWSN : Watch weekly chart action. A weekly close over $8 would be significant and favor a follow on ...