Here are a few setups to keep your eyes on….

$JCP is a stock I would not normally pay attention to but @The_Real_Fly mentioned it and he is usually right (but early) on these types of things.  There is a divergence in the MACD and CCI so something might be brewing.

$JCP J.C. Penny Company Inc.

Coal stocks like $PCX and $JRCC have been strong lately but an inverted red hammer and a tweezer top on the daily that closed below the 50ma may signal a potential short day trade opportunity in $ACI.

$ACI Arch Coal Inc.

$CMG has seen extreme volume dry up on this little flag after breaking support.  A case could be made for a short below $378.00.

$CMG Chipotle Mexican Grill

$WRES has numerous attempts to break this resistance level.  Yesterday was an inside day as well as an NR7 day.  An argument could be made for a reverse Head-and-Shoulders pattern as well.

$WRES Warren Resources Inc.

We have a nice long base, with the MACD crossing up now.  Watch for a breakout in $PATK.

$PATK Patrick Industries Inc.

Three tries to break this resistance level on $MHR, the fourth might be the charm.  A break over the 50ma gets it moving.

$MHR Magnum Hunter Resources Corp.

$MCP is everybody’s favorite rare earth play.  It has tested resistance four times at this level, a break over $23.25 and this could run.

$MCP Molycorp, Inc.

Watch for “squeeze” between the 20/50ma and a break over $4.75.

$FRO Frontline, Ltd.

Keep and eye out for a break over $4.80 in $KITD.

$KITD Kit Digital, Inc.

Weak chart for a company with no real quality products.  Cash reserves are low and no brand recognition among consumers.  See chart for easy money short target in $AAPL.

$AAPL Apple Inc.

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