Starting into a new trading week

Hello again,

after a nice weekend, I am back and ready to start into a new trading week. These last days I haven´t felt very comfortable with picking stocks (a sign to stay out of the market!) - although I still feel a little dull, I picked some opportunities to trade today. (I guess the feeling of being dull is due to the fact that finally fall arrived here... the world outside is just a shade of grey...)

Here are my ideas:

1) OMRI - last price was 16.99$, my selection criteria was, once again, the RSI(2) with a current value of 2.85. My SL is at 16.12$ (12 cents below the PivotPoint - but it looks more reasonable to me - when looking at the chart!) - I don´t have a clear goal yet, but I expect the upward trend which started in mid-september, to continue.


2) FUEL - last price was 2.00$. My selection criteria was a filter that I call "FallenStocks". THE Code is as follows:

price dropped more than 30% over last 15 days
and rsi(2) is below 1
and price above 1

As you can see, basically another RSI(2) filter - annoying, right? But it works well, so why not? My SL level will be 1.85$. My first goal will be 2.42$ - and, later 2.85$. You can see them on my drawing in the chart.


3) DRL - last price was 6.44$. I picked this stock because of a filter called "Bowtie" - I have to admitt that I forgot who wrote about that filter, but I read it somewhere - it´s not my own idea. The bowtie is formed by three Moving Averages, an EMA(20), an EMA(30), and a MA(10). My SL for this stock is at 6.25$.


Two more stocks are on my watchlist - but somehow I don´t feel too comfortable with them. So I would like to see where they are heading today. The stocks I am talking about are: WHI and CCJ. Especially Cameco would be a candidate for a call option. Iwould prefer a "in-the-money" option - since I don´t expect a strong move. For example the option with the symbol: CCJLG.X, currently at 3.50$. Well, let´s see.

Good luck to you,
The Stockinvestigator