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BPAX Biosante Pharmaceuticals Inc from scan HERE looked to be consolidating and ready to break towards more highs…. if it tested $5, broke nicely towards new highs, should continue up, the main break here is $6 if it tops out there it may be worth a quick short back towards $5.25.

BAMM Books-A-Million Inc - starting to move off bottom here, I like this chart if it can hold $8 here. Reversal very probable, notice the volume starting to head back up.

PLXT Plx Technology Inc - bullish volume/price action on Friday, over 1/2 million shares switched hands and the price stayed up, longs want this up and are willing to support at this $9 level. I like this one on a $9.20 break for the move towards $10.

DMRC Digimarc Corp - Fridays volume spiked up a bit, as well as the PPS. Watching for the $12 break here for a maintained move. A break break should provide a good .25 to .50 spike and potentially even more towards $14.

PEC Pike Elec Corp at major support (from the consolidation) and resistance ($16.50 area) - if it breaks over last highs a $1.50+ upside is probable.

LAB Labranche & Co Inc - let it re-test $8 out of open, it may have a quick sell off towards $7.65-7.70 before breaking back through $8 and supporting a move towards $9+

Tags: BAMM, BPAX, DMRC, LAB, PEC, PLXT

This entry was posted on Sunday, June 15th, 2008 at 10:22 pm and is filed under NASDAQ, Plays. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.