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.

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.

Tags: DRYS
Posted in NASDAQ, Stocks | No Comments »
May 14th, 2008
New ones added to the under the radar scan
RVBF

BWMS

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 !!
Tags: AENA, FORC, GTXO, KYUS, NWCI, NWMS, PGSI, RVBF
Posted in Under the Radar | No Comments »
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.

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.

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.

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.

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.

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

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.

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+

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.

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.
Tags: ACXM, BHBC, CPSL, HQS, HUSA, NWY, NYNY, SMP, UBET
Posted in NASDAQ, Plays, Stocks | No Comments »
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

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

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.

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.

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

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.

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
Tags: ABAT, AMCS, AVNR, BIOD, CPST, EGY, PAL, QTWW, STHH, UQM
Posted in NASDAQ, Plays, Stocks | No Comments »