Last week was pretty interesting with that huge reversal on wednesday and a strong close. Since then we've had 2 doji days and it seems like the market is just coiling before going higher. I would expect a few days of consolidation, but if we can get above that ~142.50 clear level of resistance, we could run back up to the highs of the year. And december is typically a good month, with lots of small caps making big runs.
Here's a list of stocks I'll be watching this week. I've added a few thin, small cap names since they can typically run during the month of december. If you want, you can copy an entire line of symbols here and paste them in Finviz, which allows you to see all the charts at once, like this.
Long: SMBL, GPRE, CNC, JOBS, MNST, FSLR, LNKD, SNTA, ADNC, VVUS, TEX, AUMN, MBI, ESI, PGH, AVID, OSUR
Short: GNRC, PCYC, HIBB, BKS
Parabolic short: SGYP, PPHM, CARV, EXPR, ANAD, JRCC (not officially a parabolic, but similar idea)
Below I marked up a couple of charts for examples of how to play these setups:
SMBL: Nice flag on the daily, and near long-term resistance. Long above 12.50 or so, with first target at around 13, and a stop below 12.09
VVUS: Nice triangle consolidation, seems to have put in a bottom. Long above 11.60 or so, target to ~14.00 and stop just below 11.
GNRC: It's hovering on the edge of that gap area. Short below 32.4, first target around 30, then perhaps 28.70, with a stop above friday's hod ~33.