The Bulls Are Finally Back! Watch List For Monday November 28, 2011

Pacific Ethanol ( NASDAQ:PEIX ) produces and markets low carbon renewable fuels
in the western United States, primarily in California, Nevada, Arizona, Oregon,
Colorado, Idaho, and Washington. PEIX has a market cap of $36 million.
Technically I like PEIX here as a retracement play between $1.26 and $1.60 short
term and would not be shocked if it traded as high at $1.90 $2 in a bull
market. Support is at $1.20 and $1.02. I traded PEIX successfully Wednesday into
Friday for 13% and will look for another entry soon. BioFuel Energy (
NASDAQ:BIOF ) engages in the manufacture and sale of ethanol and its co-products
in the United States. BIOF has a market cap of $86 million. Also a solid
retracement play I like BIOF from $.76 to $1.20 short term and would not be
shocked to see it between $1.24 and $1.50 in a bull market. Support is at $.72
and $.65. China TechFaith Wireless Communication Technology ( NASDAQ:CNTF )
operates as an original developed products provider that is focused on the
original design and sale of mobile phones in the Peoples Republic of China and
internationally. CNTF has a market cap of $77 million. Id already be in CNTF
last week if I didnt have 6 open swing trades already. With support at $1.71 the
upside here is $2.10 before resistance followed by $2.20 $2.60 in the short
term. Its currently trading on $4.46 cash per share so if and when it gains
traction I think CNTF could double if not triple from here. E-Commerce China
Dangdang ( NYSE:DANG ) operates as a business-to-consumer e-commerce company in
the Peoples Republic of China. DANG has a market cap of $366 million. I said I
liked DANG last week from these oversold levels and believe itll uptrend in a
bull market from here. Support is at $4.62 and $4.36 with upside around $5.70
short term. This space in general has been beaten up and could bounce on short
interest alone. Dry Ships ( NASDAQ:DRYS ) engages in the ownership and operation
of drybulk carriers and drilling rigs that operate worldwide. DRYS has a market
cap of $842 million. I like DRYS on this turn here at $2.15 with resistancde at
$2.60 before it could challenge $3 again in a bull market.