4/11/10 Watch List

I have found some good watch list picks for today Sunday 4/11/10. Click on the charts below for a larger image. Since we are entering earnings season I thought it would be beneficial to the readers if I included earnings release date and EPS estimate for each pick.

First up is DIVX. On this Hourly chart I notice a support at 7.20 and a resistance at 7.80. I really like those green candles that were printed the last two trading days. Wait for a breakout above 7.80 before entering. Earnings date May 6 EPS estimate 0.00

AKAM hourly chart.There were several support/resistance lines that stuck out to me. Stock has lost volume since it's initial volume spike but I think it still has upside potential.  Earnings date April 28 after market close EPS estimate .26

GMCR hourly chart. Been watching this one for a while. It has also been trending on twitter $GMCR. If we break above 97.50 watch for a break above 99.50 - 100.00

GNK daily chart. Look for a breakout of the pennant. I like the candle from Friday's trading. Earnings date April 29th after market close EPS estimate .99

IVN hourly chart. Upward trending channel. Earnings date May 7th no estimate yet

LVS 15min chart. Pullback in volume. Once this stock chooses a direction again I suspect it will be a big move. Earnings date May 11th EPS estimate .02

OIH daily chart. Watch for a breakout or further trending within the channel.

STT daily chart. Look for breakout above 47.60 then be cautious for hesitation or resistance around 49.20 Earnings date April 20th before market open, EPS estimate .79