Big Board Stocks - May 6

[J-Tea]

Hi everyone,

Apologies for not posting this weekend. My computer problems have really de-comissioned me lately. Anyway, I'm still staying PUT (options-wise) on that SOHU for june 20. Technically I see an overbought in the sector as a whole.

Stocks to watch this week:

FSIN - again, a great breakout here riding the MA's for a while imo.

EJ - ascending triangle target of about 20

JST - looking a little top heavy now that it's out of the rising wedge top line. will be shorting on a doji or hanging man here.

JST and XCO - covered the short and options last week for a small profit, as it looks like we might be getting a flag/pennant pattern here. if so, target is about 11 or so.

CDS - doji and gaps suggests a short here.

*** *** *** SOLAR STOCKS AS A WHOLE *** *** ***

I'VE BEEN NOTICING A WHOLE TON OF HEAD AND SHOUDLERS BOTTOM PATTERNS FORMING HERE, AND AS MANY OF YOU MAY KNOW, HS ARE SOME OF THE MOST RELIABLE PATTERNS OUT THERE. MAY BE WORTH LOOKING AT OR OPTIONING FOR SEP 19'S. OF COURSE, NOTHING IS CONFIRMED UNTIL THE NECKLINE IS BROKEN, BUT A QUICK SCAN OF THE MAIN PLAYERS WILL REVEAL THAT THE SECTOR MAY BE HEADED UP IN A BIG WAY THIS SUMMER

[J-Tea]

got my computer back from the shop today. will be posting and logged in more often starting tomorrow.