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FXEN FX Energy Inc - I’m a buyer if this holds $5.75 range or breaks back through $5.85 for the move/squeeze over $6, I like this consolidation around $5 and breakout from it…

GSI General Steel Holdings Inc - $12 break I’m a buyer only for a quick flip because thats big resistance to break should spike .50-$1.00 + on the break (it has run to spike another $1.00-2 max in my opinion (on this move), after that I’ll be looking for reverse sides for downside potential of $1.00 or so, based on its past it seem as though once it reverses direction it gives back nearly all its gains.

GAIA Gaiam Inc beautiful bottom reversal, rather large move on Friday. I want to see this continue but I don’t trust $15 yet, I’d watch for it to dip out of open once it finds support buy on the $15 break. If it holds $15 out of open, go for it and it may put in a good squeeze.

NOA North American Energy Partners Inc. This thing has been on cruise control since $10 and has hardlk looked back. This has consolidated the past week around $20 - $21.43 is breakout (52 week highs) if it holds $20.50 I’m a buyer for the $21 break.

SDTH Shengda Tech Inc $20 proves four times to be tough resistance - (March and May) - if it can break it should squeeze another $1.00 or so, otherwise if it can’t seems to always fall right back down to the $8 level (keep this in mind if it shows weakness)

SNS The Steak n Shake Company - I’m a buyer on the $7 break for potential squeeze towards $8 where there’s heavy resistance

Tags: FXEN, GAIA, GSI, NOA, SDTH, SNS, YMI

This entry was posted on Sunday, June 22nd, 2008 at 11:05 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.