Last night I provided you with 51 short setups with stop-losses. Tonight, though, you will find that my long watch-list is must leaner, mainly due to a lot of the stocks that were on there, previously, being decimated by the market’s huge sell-off of late. So the ones I have listed below have actually, for the most part, held up pretty well against the bearish market pressures. I’ve also included my stop-loss for each one as well.
Two that are my favorite right now are Yamana Gold (AUY) and Gammon Gold (GRS). Both have bottom patterns in place, and in GRS’ case, there is a well-defined triple bottom. My guess going forward is that we get a sizable bounce, and that AUY and GRS are in pretty good shape to see a nice rally in their stock, as a result.
Hope you all have a fabulous weekend.
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