Stocks of Interest for Thursday the 22nd of May
EPIX coming around off bottom, watch for this to hold $2.25 for a move higher. If it can’t hold it may need to consolidate a few more days, but if it does it may move towards $3.00.
GTE extremely bullish move, watch for it to test $7 again, if successful this may just be the beginning of another squeeze higher. If it doesn’t break it, this should head back towards $5.50-6, then consolidate before heading higher
SHOR after a big big drop in January Shoretel Inc is heading back up closing at $5.18, I wouldn’t expect to much of a move unless it can break $5.50 and then its worth watching like a hawk.
WPL needs to break and hold $2 to support a move higher, if it can’t I don’t really think its worth shorting…
Keep an eye on SION from an earlier scan HERE.
PDO and MXC are going to be VERY VOLATILE the next few days keep an eye on these! For some other funnier charts on these check this site out HERE.
May 23rd, 2008 at 11:21 am
[…] GTE had a nice correction after being unable to break $7 it went a lot lower than I thought - went to $5.05 I figured it would correct to $5.50-6 as mentioned HERE […]