FInviz Scan for 31/12/09 - 0 Bull, 0 Bear

Bulls Scan Results
NA

Bears Scan Results
NA

Review (Watchlist)
Bulls

1. AXP - 8/12/09: Entry $39.62. Target $41.93. Stop loss $38.73. Now $40.80. - Losing strength.
   
2. MEE - 9/12/09: Entry at 36.36. Target $42.81. Stop loss $35.23. now $42.49. 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.
   
3. HUM - 10/12/09: Hidden Divergence - Red Spinning top and doving pigeon. Now $44.38
   
4. MCD - 9/12/09: Spinning top. Price bounce from SMA50. Now $63.59.
   
5. V - 9/12/09: Bullish Engulfing but no T30, swing trap or ghost town. Price continue to move up. Now $88.14. Continue to monitor.
   
6. BHP - 9/12/09: Entry at $73.69. Target $78. Stop loss $71.16. Now $76.95.
   
7. CL -21/12/09: re-Entry $83.01. Target $86.68. Stop loss $80.95. Swing trap pattern. Bullish divergence. Now $82.85. Losing strength.
   
8. SINA - 10/12/09: Entry at $44.27. Target $47.95. Stop loss $42.57. Now $45.22.
   
9. RIMM - Broke out of downtrend upper resistance with high volume. Price pulling back. Earnings gapped as expected. Continue to monitor. Now $67.25.
   
10. UGI - Price broke SMA200 resistance and downtrend channel resistance. Wait for pullback. Continue to monitor. Now $24.67. Doesn't look like uptrend can hold. Form mini double top with bearish engulfing.
    
11. CNI - 18/12/09: Price gapped down into SMA50-EMA30 zone. Spinning top. now $54.18. - Losing strength.
    
12. UNG - Broke SMA50 resistance. Waiting for pullback to TAZ. Now $10.35.
    
13. UUP - Broke out of downtrend channel resistance. Waiting for pullback to TAZ. Now $23.04. - Bearish Meeting Line
    
14. ESRX - 17/12/09: Strong SMA50 support. Harami. Gapped up and end session with shooting star. Now $87.85.
15. MHS - 17/12/09: Did not enter as price gapped too far. Risk is too much. Now $64.82.
16. AMZN - 18/12/09: Did not enter as price gapped too far. Risk is too much. Now $136.49.
17. 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 $59.76.
18. 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 $49.17. Head and shoulders?
    
19. 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 $109.07. Danger: Price not moving up.
20. 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. Now $73.02
    

Bears

1. JPM 22/12/09: Spinning top. Now $41.56. Entry $41.79, stop loss $42.28, Target $40.09. Now $41.53.
2. MUR - 28/12/09. Bearish Engulfing. Entry at pullback to $55.69 or break $54.81. Stop loss $56.6 or $55.69. Target $52.68. Earnings is near. 29/12/09: Entry at $54.81. Stop loss at $55.69. Target $52.68. Not the best entry but will just monitor to see if direction is right. Now $54.58.
   

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