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Archive for June 18th, 2008

(TIV) The Reason Why Breakout Plays Work

Wednesday, June 18th, 2008

TIV had an absolutely huge breakout today giving us $2.50+ clean off the breakout. From scan a few days ago, highlighted yesterday during the day on the $7 break, here we are over $9

From Yesterday:

TIV broke through the $7 mark! This has room to run towards $9, but may want to consolidate around the $7 level since the previous resistance may act as support from here on out.

From Two Nights Ago:

TIV Tri Vy Corp - volume picked up today, $7 is the key break. If you look at the chart start in February follow it through until this month and you’ll notice $7 has proved to be the resistance point.

On Other Notes:

At times I know there are more than just a handful on scan but if you join chat there’s over 150 people making decisions in real time and if you ever have questions I know traders would be more than willing to give you their insight.

For those trading HYHY which is up 7% today alone and nearly 300% from HERE the under-the-radar-stocks section is really worth book marking. Here’s what the mailer looks like:
HYHY

TIV I’m not ready to short but I’m ready to take a handful of profits, if it can consolidate and hold $9 this can continue its squeeze into the low to mid 9’s but I’d rather have missed profits than losses! I’d expect it to test back towards the $8.50 level after any large spike over $9

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Stock Scan for Wednesday the 18th of June (SONE) (TIV) (BOLT) (KAZ) (ARTE) (ENOC)

Wednesday, June 18th, 2008

Lots of great plays came out of the scan today. You can sign up HERE to receive them sent once a night to your e-mail.
Lots of other post today you can view them HERE HERE HERE and HERE.

SONE S1 Corporation - nice break over previous highs, watching for consolidation around the $7 level for a reversal
SONE

TIV Tri Vy Corp - great trade from scans last night this should test $8 easily on the momentum from today
TIV

BOLT Bolt Technology Corporation - If this doesn’t break $24 I’d look for the short ($1 to $1.50 downside potential, I wouldn’t marry the short). If it test it and can make it past $24 it may test $25+
BOLT

KAZ Bmb Munai Inc - Key here is to watch for any dips, I’m looking for support to hold near the $7-$7.20 level (previous area of consolidation) as you can see back in May.
KAZ

ARTE Artes Medical Inc - squeeze mode watching for this to test $2 for a short if it can’t pass it.
ARTE

ENOC Enernoc Inc - Great chart, great consolidation I would buy this on a $16 break
ENOC



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