Thursday Night Stock Scan for Friday the 6th of June
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ABH - Room to move to $16 here on a break of $14 - nice gradual move to support the price - any .50-1.00 spike I’d watch for a correction (short-able opportunity) but let it break $14, test $14 again and then jump in once it shows support because it may want to sell off a bit from todays move.
CRME - lots of consolidation here, this should have no problem making new highs however it is sitting at resistance levels (just over $10), a break of today’s high should squeeze it towards $11+ not much downside based on the chart
DEJ - Watch here for the $2.00 break, it spiked last week over $2, sold off and consolidated a bit higher higher than last time but I’m not convinced tomorrow is the dat seeing how yesterday it was in the $1.60s. I think it will cross $2 but want to come back and consolidate more around $1.85-1.90.
HALO - nice reversal here off $5.00, watch for consolidation around $5.50 then its good for a long towards $6.50+
MKTX - The $8 support is necessary to maintain this move, take a look at the volume compared to other days, I’d watch for a chart to form similar to the one above (HALO).
NTI - Crazy low float move, if it test $20 again tomorrow and doesn’t break start thinking about going the opposite way. BUT you have to wait for it to confirm a top and start to break down before starting to guess tops.
QBIK - $3.50 top last run in March, if it test it and breaks it this main gain quite a bit of momentum - very bullish moving into today.
VNDA hot today like SQNM which had a nice move. If they continue tomorrow this may re test $6 if it doesn’t this could break down since there was nearly 4 million volume and the stock hardly closed the day up.
