FXI | MON | RIMM | POT

The following have been getting a lot of mention, forming some nice setups, and should be on your watchlist:



FXI - Huge breakout on big volume. FXI got as high as 160.90 before ending the day 157.61. Still overbought so be patient. Look for a small pullback and look to go long.







MON - Perhaps taking a breather...before rocketing past 140...









RIMM - has been drifting upward for a while but hasn't been able to breakout yet. It has a very low ADX reading, implying a lack of a trend. It still seems like it's formed a nice base and may be preparing for another leg up.






POT - Big red candle. I don't see any reversal in sight so maybe it will present an opportunity to those of us who missed the last 20 pullbacks.




Keep in mind these are just setups and not your signal for entry. You should have (or will need to develop) some criteria to help you identify your entry signals.