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Archive for May 13th, 2008

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

Tuesday, 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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Why Under the Radar Stocks are Worth Keeping Track (KYUS) (FORC)

Tuesday, May 13th, 2008

As most of our readers know we have a small section dedicated to under-the-radar-stocks that are sneaking up under most scans making new highs. Sure some are flukes, they head higher and fall back on nothing but at times they turn into very profitable trades.

We have had KYUS on watch for quite some time, the most recent post can be found HERE.
KYUS

We covered LBAS when we noticed GTXO starting to gain a bit of momentum… it’s been on a tear the past and looks like its going to pass $6 shortly.
LBAS

FORC making a statement today as it tested $2.00 - remember the connection with GCOG? I covered that HERE up over 200% just today. If you go to barchart.com you can see the percentage gains it’s put in the past 5 days, May 8th = 15%, May 9th = 12%, May 12th = 100% and today May 13th over 200%, now thats A GAIN. Again if you have questions during the trade theres always about 150-200 traders in chat and I’m sure you can get questions answered. No that doesn’t mean you shoulda coulda woulda had a 500% gainer like this every time you step in chat.. but it means you can get others opinions who may be trading it at the same time.
FORC

Long story short keep Under the Radar Stocks bookmarked!

Recap: SSBX Doubler for Bounce Players!

Tuesday, May 13th, 2008

SSBX has doubled since we put it on bounce watch expecting a decent bounce at $2.23 HERE but it turned into a large bounce leading to some enormous profits for some traders!
Great trade if you played it, it may have a bit more upside but I’d expect it to consolidate after any gap tomorrow.. the biggest part (100% gains) are over. If you missed/didn’t play/didn’t know when to pull the trigger join us in chat at http://www.investorslive.com/chat.php
SSBX



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