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DRYS Continues to Smash New Highs (DRYS)

May 14th, 2008

Ever this this article at Barron’s DRYS has been on a tear. The same article was also published in the wall street journal and apparently someone followed. This one is on watch for the $110 spot.

DRYS

This is heading right up towards previous highs but at some point here it needs to consolidate - probably around the $90-100 range before attempting to make new highs. This has been one heck of a swinger for the past year and a half.
DRYS

New Under the Radar Stocks Added

May 14th, 2008

New ones added to the under the radar scan

RVBF
RVBF

BWMS
BWMS

AENA
AENA

NWCI - new 52 week high today
PGSI - new 52 week high

To those who pay attention to these - Congratulations on the moves most recently on GTXO.OB KYUS.OB and FORC.OB !!

Hot Stocks Breakout Stocks For Thursday the 15th of May

May 14th, 2008

ACXM - creating a bullish channel here, its been consolidating higher and higher. With a $12.50 break this should test $13+and may even squeeze to the $14 level if it breaks Aprils resistance.
ACXM

BHBC - two great days in a row, I’d watch for a gap and crap style here, if it test near $4 it will probably be a good short back down. I’ll be watching out of the open for any positive movement.
BHBC

CPSL - At prior resistance, from both March and April, if it breaks $4.50 this should be an easy long to $5-5.50. Also worth noting is the 4 million volume.
CPSL

HQS - nice dip today and squeezed back up (shows strength) $14 break should squeeze past $15. Watch for this one because any big squeeze can result in a nice correction back to the $13s.
HQS

HUSA - what a move from the $2s early this year, coming up on $8 dollars leaving some longs with 200-300%+ gains. Watch for the blow off soon on a short squeeze.
HUSA

NWY - Similar to HUSA above watching for a blow off towards $9-10 range.
NWY

NYNY we mentioned HERE. This has been a very bullish move and should squeeze shortly to $5+
Watch for a correction back to the mid 4’s after it test the $5 break.
NYNY

SMP - This seems fully controlled by longs, I wouldn’t look for the short yet, if it dips it may want to consolidate around $8 but probably good for 10+
SMP

UBET we mentioned HERE. I didn’t like it at first because of the lacking volume but today with over $1mil volume its a different story. This may test $2-2.50 after brief consolidation.
UBET
Keep a solid eye on previous scans if you are looking for plays - many of these stocks are becoming very volatile providing some good swings.

Breakout/Bottom Reversal Stock Scan for Wednesday the 14th of May

May 13th, 2008

Lots of bottom reversals coming off steady consolidation in the past few days. Make sure you check out the previous blogs HERE and HERE from tonight recapping a few plays.

AMCS bottom reversal watching for $2.25 break and it may test $2.50+ short term
AMCS

AVNR - $1.40 break is big here, currently sitting at $1.30 - the volume is following this move higher
AVNR

PAL - this had a very nice run back in April, it has since consolidated and found bottom. This needs to break $6.50 (or thereabouts - its previous highs) before it makes a move towards $7-8.
PAL

EGY - Breakout + Squeeze watch. This can break towards $8 and squeeze quickly before selling off. So there is two plays a long on the breakout and a short once it does break out and we see a $.50 to $1.00 move.
EGY

UQM from last nights scan, broke previous highs, this is very bullish. Watch for the $3 to test.
UQM

QTWW - 3 to 4 attempts to break $1.50, failed each time, watch for the $1.50 break to squeeze towards $1.75-2 range.
QTWW

FROM LAST NIGHTS SCAN

ABAT slight dip and closed at the high (bullish)
CPST broke to new highs (watch for the gap and crap or gap squeeze and sell off)
STHH and BIOD on watch for squeezes

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