Stocks Putting In Possible Trend Reversals: BIOS, CSIQ, CPSI, CRAY, CVS, FSLR, INFY, MDCA, MNGA, MYGN, NGG, PRGO, SGMO, SRCL, SPWR, TARO, TRIL, USAK, VOD, WIT

I’ve had some folks asking about my latest crystal ball for possible stock picks, so I dug around and came up with this big batch-0-equities for your consideration. I apologize for being a bit incommunicado recently: we’ve been in the process of having to move (twice) and things have been sorta crazy. But hopefully things are settling down so we can get back to the business of making money in the market!

The stocks in the laundry list below are ones that caught my eye as potential (remember: POTENTIAL) upside trend reversals based on the monthly RSI(5) and CCI(20) indicators, along with a bit of eyeballing of support levels or chart patterns. Using the AIM strategy, it’s not really a big deal if an upside trend reversal doesn’t pan out right away, because you just accumulate more shares as price goes down. But these potential reversal zones are great places to start accumulating shares.

Note that I have positions in BIOS, CSIQ, MNGA, SGMO, and TRIL. That doesn’t mean I don’t like the others, but you can only have so many positions, right?

So, what is the point of this or any other list of stocks? My intention is to give you some ideas for potential investment opportunities in stocks whose prices are currently deeply discounted, giving you the chance to buy low and, later, sell high. I’m not, however, going to tell you to buy or sell now, etc. – that’s up to you and your strategy (and if you want to learn more about mine, check it out here).  I will give you a hint, though, that I try to do: look for stocks like these that are turning up on the monthly, but have a nice pullback on the daily.

With that, here are the charts. I’m not going to make much commentary on these, but will let the charts speak for themselves. If you have any questions, feel free to post a comment or ping me on Stocktwits. Enjoy!

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