Stock to watch for tomorrow (1/2/09)

Stock Symbol: PNK
Company: Pinnacle Entertainment, Inc
Trading Price: $7.68
Trading Volume: 1.21M
Average Volume 975000

Entry Signals
1. Relative Strength Index (RSI) is pointing up up to 60
2. Candlestick is bullish (bullish engulfing pattern)
3. Stochastic crossover over to 65
4. Trading volume is greater than average

Something to watch out
1. Relative Strength Index (RSI) and Stochastic are getting closer to the overbought area (RSI is 70, Stochastic is 80 to be considered is overbought)
2. The stock rose 10% yesterday, so people will take profit tomorrow. However, if the stock starts to drop with strong volume tomorrow, you must sell the stock.

Stock on my watch list for tomorrow (12/31/08)

Symbol: HCBK

Company: Hudson City Bancorp, Inc

Price: 15.25

Volume: 3.09M

Both the macd and stochastic are pointing up generating bullish signal. The volume is not very high today, so need to be cautious.

Stocks to buy for tomorrow (12/30/08)

Buy List
Symbol: PWRD
Company: Perfect World Co., Ltd
Trading Volume: 727,744
Plan Entry: Tomorrow
Plan Exit: 1-4 days

The stock produces the following bullish signals.
Technical Analysis:
1. Macd crossover and rising from below 0.
2. Stochastic crossover and is rising from below 20 (the oversold area)
3. Candlestick produces bullish signals
4. The stock rised today with strong volume 727,744 which is more than the average volume of 403,000.

Fundamental Analysis
1. Company announced share buy back - this is a good for company in the long run as they are confident in their company.

Watch List for 12/30/08
The following stocks are on my watch list. They are both showing doji today, and their stochastic are still bearish. If they rise tomorrow with strong volume, they could become a buy.
1. DZZ
2. PVX