February 4, 2011

Watchlist

Global Industries Ltd GLBL

Buy Reason: Oil and Gas prices rising, trading within strong channel
Buy Strategy: Buy on pullback to EMA 8 ($7.25)
Buy Price:$7.25
Price Target:$9 within 40 days

Atricure ATRC

Buy Reason: Strong Channel
Buy Strategy: Currently in a pullback, or coming off a double-top? 
Buy Price: $10.65
Price Target:$12 within 40 days

Yongeye International Inc. YONG

Buy Reason: Undersold with support at $7.00 - $7.25
Buy Strategy:
Buy Price: $7.22
Price Target:$8.50 within 30 days


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