Tuesday Night Stock Screener for Wednesday the 21st of May
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DBLE - Double Eagle Pete & Mining Co has some abnormal volume today, watching for the $19 break, its attempted a few times but upon breaking will probably squeeze to the $20-22 level. Worth a watch for the break
FXEN FX Energy Inc - volume beginning to pick up in addition to higher lows. With higher lows (meaning last lows were $4 and thats where it consolidated, this time $4.50 was the lows and that’s where it consolidated) which is a bullish sign and on the break of $5.50 this could turn into a multi day move towards $7 if it gains momentum.
ITMN - Intermune Inc - I like this chart because it fills the gap back to April 1st on today’s dip and came back hard signaling a potential bottom in place. This may be a nice reversal stock and head back towards $20 over the next 2-4 weeks.
NINE - Ninetowns Internet Tech Group had a nice spike followed by a correction, brief consolidation and its ready for the next move up. This can easily see $3-3.50+ on the $2.75 break.
QTWW - Quantum Fuel Systems Technologies Worldwide, Inc. from THIS SCAN “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.” It’s now above $2 and may continue its squeeze towards $2.50-3 but may want to consolidate first around the $2 level first
ROYL good volume here for trading - each day it sells off from the high of day but continues the next, so I’d watch for the run out of open tomorrow and if it can’t break $6 watch for the short, if it can (and it has been known to have multi week runs in the past) it may be at the base of a large move
May 20th, 2008 at 10:21 pm
NINE was profiled today by James Altucher in the FT:
http://www.ft.com/cms/s/0/dfa52f18-25fc-11dd-b510-000077b07658.html?nclick_check=1
May 21st, 2008 at 5:26 am
Hi, thanks for bringing this website. I first saw your posts on timothysykes website. Your picks are wonderful, followed you lately and veiw/read your posts everyday. Just for the curiosity, are you going to teach us about your picks like Tim Sykes? Where do you find your picks and what website do you use to bring your charts on your post, they are extremely helpful. Thank you.
May 21st, 2008 at 5:33 am
About the chart on my comment above, I see your chart is copyrighted by bigchart but bigcharts webpage does not have chart like yours.