Recap: Hot Stocks Scan for Monday the 16th of June
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BAMM - from last night broke out of consolidation, looking like a healthy reversal coming
Last Night: 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 - nice dip today - still having trouble with holding over $9. I will buy this on the $9.05 break.
Last Night: 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 - wait out of the open tomorrow for a $12.05-12.10 break. This is a style move that could carry a good squeeze with it but not until it breaks past previous resistance or proves that $12 is support.
Last Night: 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 - closed HOD, at resistance levels, this is a tough area until $17, if it breaks $17 its a good buy on dips, if it has trouble its a good short.
Last Night: 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 - This is a bullish candle today, shows the dip was completely bought out, a break of $8.12 should send this to new highs.
Last Night: 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+
