EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Friday: None Monday: None ADDITIONS TO WATCH LISTS: There are no additions today. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Large Cap Watch List: BCR - Now resides near short-term support from 130-131. LEN - Struggling today, but it was quite overbought. Look for the rising 20 day EMA to contain any further selling. VMC - On any further short-term selling, expect support in the 57.75-58.00 range. Mid Cap Watch List: ASNA - Up another 2.5% today on big volume as it managed to close above resistance at 22.00 on Thursday. LXK - Volume increasing. A close above 36.00 on nice volume would really help this one technically. NUVA - Recent long-term negative divergence has played out to the 50 day SMA. NUVA bouncing nicely off of it. Small Cap Watch List: NTRI - Failed at its 20 day EMA earlier today on heavy volume. Trapped currently between 16.40-17.50. RLD - Up 5% today on increasing volume. A close above 9.34 is ultimately what we want to see. DELETIONS FROM OUR WATCH LISTS: TASR we removed because it closed beneath our 15.50 closing stop on Thursday. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com