A Few Potential Breakouts and a Quadruple Top to Watch
EXXI very nice move off consolidation, at this point I’m only watching for a more of a squeeze there is no reason to take a position or short here, it’s like throwing darts, watch for this to break $7 before stalking it. The downside is small in my opinion, there has been lots of consolidation in the $5 area.
FEED - beautiful bounce off the lows all the way back up to new highs - This is in squeeze mode watch for another $1-2 dollar move and you may be in business for a correction back down to $20. But I’d like to see it test today’s highs again. I was looking for WSCI to do a similar move but the correct back to $13 wasn’t enough and broke back under $13. It’s definately on watch now on the re-break of $13 which could be a move back to $14+
FBP on watch for the break of the quadruple top, if this breaks $11.15-11.25 this can really spike as its been tough resistance for months
WHT breakout chart watch for a move towards $4.50, consolidation around the $4.25 level before a move higher.
VSCI from scan last week and this weekend - on a tear towards $6.00.
DSCO short watch - I’d like to see it trade above $2 before it heads back to $1.30-1.40s but it may not…
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Tags: Breakouts, DSCO, EXXI, FBP, FEED, Shorts, VSCI, WHT, WSCI
May 6th, 2008 at 10:45 am
[…] « A Few Potential Breakouts and a Quadruple Top to Watch […]
October 21st, 2008 at 9:14 am
Hi! certified hoodia
April 23rd, 2009 at 7:40 am
Recently one of my friends started an obsession with the actor Nicholas Cage (mostly because their names are both Nicholas - sounds strange but he is strange and that isn’t the point). After asking around the rest of my friends he seems to be a very controversial figure.
What does the forum think? do you love the all action superhero? Or do you hate the droning voice of the man who does nothing but action shooters?