8/1 Watch List

NQ Mobile Inc. (NYSE: NQ) called a nice short on twitter this AM when 16.50s began to act as a top. It washed through 16 for some solid profits. This stock is very extended and overbought. RSI = 97. Short watch. Ideal trade is AM 16.75-17 parabolic. Be ready for other short setups

BioCryst Pharmaceuticals Inc. (NASD: BCRX) chart has a nice looking bull flag. The technicals are very bullish and the volume supports the bullish case. Look for a continuation move over 4.57 or a weak open for red/green

Desarrolladora Homex S.A.B. de C.V. (NYSE: HXM) cheap beat down stock that had horrible earnings last week. It looks like a bottom was put in at 1.21 yesterday. I would be interested in a long over today’s high of 1.76 for some follow through

Renewable Energy Group Inc. (NASD: REGI) the 50 day moving average supported this AM after a gap down and wash from earnings after market yesterday. This stock closed above the VolStopSell signal and the 20, 50 and 200 day moving averages. Watch for pullbacks with the trend for long opportunities

Entravision Communications Corp. (NYSE: EVC) earnings after hours tomorrow. 5.70s resistance area. Look for a weak open and stabilize for red/green or 5.80 trigger

Reliv International Inc. (NASD: RELV) big moves on volume the last 3 sessions. The chart is extended and RSI is extremely overbought at 97. Time to start watching for short setups even though this can keep going because of the volume. Keep an eye on this for any parabolic or crack/fade setup

Molycorp Inc. (NYSE: MCP) finally found a bottom in April after a long downtrend. This stock is trying to start a new uptrend. It closed over the 20, 50 and 200 day moving averages as well as the VolStopSell signal. Look for a weak open for red/green and 8 press

CardioNet Inc. (NASD: BEAT) probably gaps up and goes. This stock can have big range to trade so watch for pullbacks with the trend for opportunity

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