If you are looking to add another position this is my top ten list for this week. The target prices listed would be the ideal entry points for these stocks today. There is no assurance any stock will ever return to these support levels and you will need to make your own decision about an entry point above these levels. I believe these stocks have the best potential this week. The list will change from week to week based on technicals, fundamentals, crude prices and market action. The list is not sorted in any particular order.
This is going to be the magnificent seven this week after the serious culling we suffered. The entry levels have been adjusted to fit the new levels we are seeing in the sector.
*** Warning *** These are entries that assume the bear market ended. If we are continuing to see broad based selling do not blindly enter new positions based on this table. We want to see some stabilization and signs of buyers coming back into the market. Otherwise STAY OUT!
The yellow means they are very close to those entry levels and green means they are at the target level.