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You can view last nights scan HERE. Also - if you haven’t already checked out our chat room you really should, many of these stocks that come into play are talked about during the day as well as others that pop up on radar during the day.

PBY - strong bottom reversal today, almost a double bottom from late January much broke all resistance today from the past month and a half around $9.00. This is a very bullish sign and appears to have power for more than just a one day spike, this could head back towards $12 if $9.50 holds.

AEL very close to a breakout here - if it can holds todays gains (since it dipped and recovered nicely) I’d watch for the $11 break which could support a move towards $12.

ASYS - another bottom reversal, this could fill the gap back towards $14 if it can break through $12 here. As far as a play in the next day or two, I’d watch for a dip out of open to buy if it begins to form support, and then add to your position on the break of $10.85 (todays high) because it has a real good chance of breaking through $11 and squeezing.

HITK notice mid April spike, where resistance was, if $10 can hold and consolidate this should support a move much higher. theres been over a month of consolidation in the $9s allowing for a powerful move on the break of what appears to be $10.50ish.

HSOA - This is a long time P.O.S. fund-raising machine but its a low priced stock that many of the guys in chat love to play. It broke the past 3 highs, next resistance appears to be around the $1 level, play accordingly.

WZEN Nice gap today - $4.50 is where I’m looking to be a buyer if it breaks as we may see an accelerated squeeze towards $5.

This entry was posted on Tuesday, June 10th, 2008 at 10:57 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.