Visa, MasterCard and a few to Watch for Tuesday
Monday, April 28th, 2008Visa reported … looks like its going to fill the gap tomorrow. I think a lot of people want to see how MasterCard’s earnings turn out before they are convinced.
Another article of interest regarding Mastercard and Visa HERE.
NURO a big percentage gainer for today, this may gap over $3.00. If it does watch for the squeeze over $3.25 before taking any short position. If it gaps large - this may test back to $2.50 but watch for dips because this may turn into a trades delight the next few days being in the price range that it is.
SDXC quite a gainer lately I’d like to see it test a bit higher (around the $14 level) before shorting. If it doesn’t provide a short opportunity Watch for this to consolidate in the $12.25-$12.40 range before moving towards $15.
STEC bullish pattern lately this should test $10 - that’s the next resistance if it breaks it this could turn into a multi day breakout
MRCY - up quite a bit today I don’t really like this but any squeeze out of open may provide profit potential down to $8.25.
JEF heading towards $20, if tomorrow’s out of open doesn’t test it right away this should test back down to $18 first.



