FInviz Scan for 29/12/09 - 0 Bull, 1 Bear

Bulls Scan Results
NA

Bears Scan Results
MUR - Bearish Engulfing. Entry at pullback to $55.69 or $58.81. Stop loss $56.6 or $55.69. Target $52.68. Earnings is near.

Review (Watchlist)
Bulls

1. AXP - 8/12/09: Entry $39.62. Target $41.93. Stop loss $38.73. Now $41.05.
   
2. ICE - 9/12/09: Entry 104.94 Target $111. Stop loss $102.20. now $112.52. Target hit on 28/12/09.
   
3. MEE - 9/12/09: Entry at 36.36. Target $42.81. Stop loss $35.23. now $43.36. Broke our of pennant and previous high. Pennant target is $50.46. This is the first time I saw Pennant breakout. Not sure if the target is reliable or not. Will stick to Fibo extension target.Target hit on 23/12/09.. Continue to monitor to see if pennant target is reach.
   
4. HUM - 10/12/09: Hidden Divergence - Red Spinning top and doving pigeon. Now $45.42.
   
5. MCD - 9/12/09: Spinning top. Price bounce from SMA50. Now $63.61.
   
6. V - 9/12/09: Bullish Engulfing but no T30, swing trap or ghost town. Price continue to move up. Now $86.76. Continue to monitor.
   
7. BHP - 9/12/09: Entry at $73.69. Target $78. Stop loss $71.16. Now $75.80.
   
8. CL -21/12/09: re-Entry $83.01. Target $86.68. Stop loss $80.95. Swing trap pattern. Bullish divergence. Now $82.95.
   
9. SINA - 10/12/09: Entry at $44.27. Target $47.95. Stop loss $42.57. Now $44.65.
   
10. RIMM - Broke out of downtrend upper resistance with high volume. Price pulling back. Earnings gapped as expected. Continue to monitor. Now $68.33.
    
11. UGI - Price broke SMA200 resistance and downtrend channel resistance. Wait for pullback. Continue to monitor. Now $24.81. Doesn't look like uptrend can hold. Form mini double top with bearish engulfing.
    
12. CNI - 18/12/09: Price gapped down into SMA50-EMA30 zone. Spinning top. now $54.38.
    
13. UNG - Broke SMA50 resistance. Waiting for pullback to TAZ. Now $10.32. Bearish engulfing on Thursday.
    
14. UUP - Broke out of downtrend channel resistance. Waiting for pullback to TAZ. Now $23.03.
15. ESRX - 17/12/09: Strong SMA50 support. Harami. Gapped up and end session with shooting star. Now $88.43.
16. MHS - 17/12/09: Did not enter as price gapped too far. Risk is too much. Now $64.46.
17. AMZN - 18/12/09: Did not enter as price gapped too far. Risk is too much. Now $139.31.
18. ZMH - 18/12/09: Price open near previous close and continue to move up. Entry $59.01.Stop loss $57.49. Target $60.54. Now $60.34.
19. EL - 23/12/09: Bullish Harami but very near to 52w high area.Entry at $48.09. Stop loss $47.51. Target $50.39. Now $49.29.
    
20. POT - 23/12/09: Bullish Engulfing. Possible entry $111.12, $109.06. Stop loss at $108.98 (50% of engulfing candle). Target $123.73. Now $111.71. Danger: Price not moving up.
21. CTRP - 24/12/09: Piercing Pattern. 1 day late. Doji + spinning top. Wait for it to form mini double bottom. IYC is moving up but CTRP is down. May have weakening Relative Strength.
    

Bears

1. JPM 22/12/09: Spinning top. Now $41.56. Entry $41.79, stop loss $42.28, Target $40.09. Now $41.72.
2. AIG 24/12/09: Bearish Harami but price only broke low of previous candle and then bouced up. No follow through. Wait for next session. Support factor, price just below SMA200 resistance. Price continue to move up. counter dropped.
   
3. NUVA - Hanging man x 2 doji. Entry at $31.90, Stop Loss $32.39. Target $28.87. NUVA options is very wide!!

Net: +$469. (Details pls see table)