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FOE - $20 break may trigger a squeeze - this isn’t worth watching for a short as its really not up all that much its been an extremely gradual move. I wouldn’t be surprised if on the first attempt it doesn’t hold $20, in which case I’d watch for dips (any dips .50 cents or so) may be good for an add before it gears up and bust through the $20 mark.

GST from scan HERE has held the $2.00 mark and the volume cannot be ignored. This is heading straight for $2.25 which is the first resistance point after that a break of $2.50 should carry it towards $3.

BEXP I missed this one on last nights scan a beautiful break over $15, if this test and breaks $17 again this could squeeze towards $20, I don’t like this one for a short…

IMGN broke out of consolidation at the $4.50 level. This is a bullish sign, watch for a dip tomorrow, if $4.50 holds this should be a good buy for $5-5.50+

PLM - Three attempts to break the $4.25 level. Watch for the break tomorrow, if it does its probably going to head higher than $4.50 because of higher consolidation compared to last attempt at $4.50 (meaning last move where it tested $4.50 was coming off of lows, this time around its coming from a higher consolidation level of $3.75 so will not be faced with as much resistance as it was the previous attempt at highs)

RPRX - I would play this one similar to LLNW from last nights scan - you can see that HERE.

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ACTL nice breakout today - from last nights scan:

ACTL - $17.20 is the 52 week high, this should test $18 easily when it snaps the high and may move as high as $20 before more consolidation. If it remains unsuccessful at breaking any higher - I’m not convinced that it’s a short since its been a slow and gradual move.

ACTL closed at $17.85 once it broke $17.20 it didn’t look back. You can view the chart HERE

PESI didn’t hold the $2.50 level as I would have liked to see - I will now watch this one for a breakout over it - as it is still a nice chart and can move towards $3 once it breaks and holds the $2.50 level.
You can view the chart HERE.

WIND, BGS and CMO all sitting right below the resistance points (WIND: $11, BGS: $10, and CMO $14) any break through these I’d consider a buy - HCKT if it breaks $5.50 this should test $6 easily.

View the scan from last night HERE.

MXC - Reversal was only a matter of time on this one. As I thought HERE once it consolidated it would more than likely retest $40. I also expected a 30-35% correction before changing direction. Yes the stock probably doesn’t belong this high, probably extremely over valued on all accounts and probably will be much lower in a month or two once things cool off and the big players have found another security to play with. BUT the FACT of the matter is all that doesn’t matter. This is a speculative commodity play, which is explained HERE very well. This probably will open $41-42 regardless and if the momentum can carry over and could test $45 tomorrow.

Can it test new highs? I doubt it .. BUT I wouldn’t rule it out. A squeeze to new highs would be fueled by one main thing - inpatient shorts last week trying to knock through the $30 support and finding themselves upside-down on the adds. I’d watch for this to squeeze and wait for it to break back through $40 before attempting any shorts.

PDO - Similar to above - I would let it test the $20 level before doing anything. If it can’t break through I’m not sure I’d short it just yet even though the downside is probably around $3-4 dollars. Too much risk when it could easily move towards new highs. I’d like to see it test $22-23 and began its sell off before thinking about it.

FPP - no real rhyme or reason here, it’s just going to follow the rest (PDO MXC), this will more than likely test $6.50-7 tomorrow at which point it’s probably going to find some resistance levels. If it can test $7 and hold it’s gains it may be a multi day squeezer. If this holds today’s gains out of open I would be a buyer looking for the $6 break.

ROYL - too much of a move, any gap and run I’d be bearish on tomorrow. Although it’d only be an intra-day trade I wouldn’t suggest shorting and leaving for the day, at any point it could take out new highs. Join us in chat tomorrow because as many were trading these stocks today - I’m sure they’ll be in play both ways (long and short) tomorrow.