Before my scan for tonight its worth taking a look at LBAS to see why under the radar stocks sometimes, just sometimes can REALLY pay off. What kind of piggy bank can you count on that you put money in ONE time and it provides a return EVERY day for 2 years? Sure, you can earn interest, dividends but really, a small investment at the start of these things could yield $50-$100 dollar return PER DAY for over two years.

Take a look at these two charts, the main reason I bring it up is I’m real curious how high LBAS can go now that its approaching double digits… !

And now you’ll know why at times I reference charts as being “MNCS-esque”

LBAS

MNCS / MNCSQ

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Bottom reversal scan HERE.

ABAT  Advanced Battery Technology - needs to hold $6 to remain bullish, lots of volume this should remain in play for a few days, anything over 7-10 million is a good scalping stock.

BCON  Beacon Power Corp - Can’t believe it consolidated and as come all the way back, talk about staying power. This broke the three previous tops a $2.25 break can really send this BUT I think of it more as an accumulate on dips, although with the volume Friday this may start squeezing hard.

FINL  The Finish Line Inc from scan HERE.

FINL The Finish Line Inc - recent consolidation, the volume is starting to kick up a bit, watch for $8.20 break to buy the breakout

The $8.20 break was key and is squeezing towards new highs, this has room to run towards $10+

IDRA  Idera Pharmaceuticals Inc - I always like this candles for a squeeze play. A dip out of the open followed by a close near the high, and by lots of resistance, if this snaps $16 this has potential for $18. Notice the volume Friday compared to other days.

QTWW  Quantum Fuel Sys Tech Worldwide lots of volume, again over the 10 million mark should be an EXCELLENT day trade both ways. Watch for the $3 break.

VNUS  Vnus Med Technologies Inc $21 break is key for this move to continue with the volume, otherwise it may settle and start heading back down. I’d buy on the break of $21.

WEL  Boots & Coots/Intl Well Ctrl - Great consolidation - a buy on the $2.50 break

I will have a break out scan tonight but here are a few bottom reversals worth watching for Monday and the coming days. My normal scan which came up with less than a handful of stocks for Thursday and Friday came up with nearly 100 which I had to sift through for today’s scan. To break it up, I will have a post later on with the consolidation patterns/breakout patterns and how I’m looking to play them.

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Take a look at the following Under the Radar Stocks, and I’d encourage readers to review previous post on charts to see how breakouts/breakdowns play out.

CNB  The Colonial BancGroup, Inc - watch for a $5.00 break. If you pull up a chart 1-2+ years you’ll see this has really been beaten down. If this breaks $5 it may begin a squeeze towards $6+. As you can see late May and early June consolidated around $6 for a few days before breaking below it. The squeeze can kick in on a $6 break since the probable resistance. (CNB)

EGI  Entree Gold Inc. Nice consolidation around $1.50 for the past 2 months, it double topped at $1.80 Friday - I’d be a buyer on dips if it holds Friday’s gains, and add on a $1.80 break. It may head straight towards $2.00 on the break. (EGI)

SGMO  Sangamo Biosciences Inc - Watching for dips, if it holds $9.50 this should be a good buy and a better buy once a squeeze starts over $10. (SGMO)

ZZ  Sealy Corp - I like this chart, the volume starting to kick around, this is one that can really gain some momentum and sustain for a few days once it begins to turn, first buy on the $6 break second buy on the $6.10 break in my opinion. (ZZ)

VEXP great drop here where it was unable to break $1.25 a great nearly .50 cent short, I’d suggest probably closing the position here. This is the previous scan HERE.

It may be able to carry some mometum if you look far back on the chart its been a huge squeezer in the past before it’s reverse splits. However, if its unable to break $1.25 in the morning… and there are shorts available it may be worth taking a test back to sub dollar land.