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Himax Technologies Inc (HIMX) great move the past few days up a buck but if it maintains support this can break through towards $7+ Keep an eye for breakout

Newpark Resources, Inc (NR) sitting just below $8 can squeeze on a break of it, watch for it to hold $8 if it can’t I’d wait for it to consolidate before watching for the move towards $10, looks like a better one to watch for a long than to guess when to short

Novatel Wireless Inc (NVTL) sitting just below $11 - this has closed the gap from mid April and is in squeeze mode after testing the $10 support today, watch for dips for the move towards $12+

Omni Energy Services (OMNI) should gap and run ove r$7 if it can maintain the momentum as we saw with ROYL today. Keep an eye for it to pull a move like it did when it spiked to nearly $6 on almost an exact move from just below $5 to just below $6 and today, just below $6 to just below $7. so it may test $7.20 and head back to $6.80s.  It’s also in a good sector (Energy) where everything has been carrying momentum regardless of their business/operational success

Royal Energy Inc (ROYL) down a bit after hours but may be a ploy to trap shorts and power a move towards $12 before it settles. I didn’t think we’d see a move this big and I don’t think shorts did either, I also don’t think they saw the move towards the end of the day coming and ended up getting caught up pretty good… I’d be curious if this test $12 tomorrow.

Boots & Coots/Intl Well Ctrl (WEL) gradual move can support a break of $2.50 watching for consolidation and dips here for the test, volume increasing, volatility may follow tomorrow

Pacific Ethanol Inc (PEIX) - just a straight up turd since the move - but I have it on my scan in case it decides it wants to do a dead cat bounce. No - I’m not recommending this is going to bounce because it very well may continue downward and make 52 week lows, but I think if you pull it up with a chart and have it on radar tomorrow/Wednesday or Thursday, one of these days it may provide some upside profits

OTCBB Scan Earlier Today

Perf Go Green Holdings Inc (PGOG) from scan last week - making more moves today. They started an online promotion which you can view the website HERE. They call themselves the “Bulls Eye Stock Pick” and are “Your key to 7X-30X your investment.” Really? Just like KYUS is going to $35 right? Despite the negativity this very well could end up moving nicely if there is a promotion in place, so it is worth a watch, but don’t drink the kool-aide just trade it watch for the $2.50 break

Maxlife Fund Corp (MXFD) at this rate somehow is going to break through $30 - looks like shorts are screwed on this one and those backing the deal have no problem taking advantage of it. I’d only trade this intra-day if it looks like its going to hold today’s gains and head for $30, but that’s probably about it, this is just amazing that it’s still making new highs

Blackwater Midstream Corp (BWMS) up about 350-400% now off lows, just breaking through $4 the volume is up a bit today, watch for an accelerated move but I’d be surprised if this thing makes it much more than $5, although there hasn’t been too much volume to date.

Laud Resources Inc (LAUD) be careful with this one, it’s sneaking up on hardly any volume at all, whether or not they are trying to start a promotion at a higher or just trying to find some chart players to jump in based on the ATM style chart pattern being formed. My take: wait for real volume this is just BS building the chart, if it never comes don’t touch it, its not worth it as you saw with KYUS and IDGI, things end quickly.

CIWT from a previous scan keeps making new highs, but on very very small trading volume, be careful with this one not worth a long at this point, you’re asking to get smoked

Looks like IDGI took a break from the recent move - I detailed a post HERE warning those koolaide drinkers of a probable black hole investment. It’s down nearly 50% since.

KYUS talk about volume really drying up - hope you all made it out on the momentum with a profit!

I will have more scans tonight! ROYL made a beautiful move today out of the open, and a great short opportunity. I don’t think theres much more upside over $10 but it can always squeeze… I’d watch for the correction back to the $8.50 level within the next day or two if it can’t break $10 again.