(VEXP) (URRE) And a Few Other Breakout Setups for Thursday the 26th of June
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Earlier Scan:(IDAE) Breaking Out, (JUHL) Perks Some Interest
(VEXP) Velocity Express Corp - Up 214% today on this news.
Velocity Express Announces $30 Million Service Agreement with Leading USA Retailer
It may be able to carry some mometum if you look far back on the chart its been a huge squeezer in the past before it’s reverse splits. However, if its unable to break $1.25 in the morning… and there are shorts available it may be worth taking a test back to sub dollar land.
(CVLT) Commvault Systems Inc - $18 break is a nice buy here a lot of these set ups have been breaking resistance lately. I’d purchase a starter on the $18 break and add on $18.50 break (prior top).
(GFSI) Goldleaf Financial Solutions - $2.25 great break for a move much higher. Watch for more consolidation just below it, once it test it I’d consider a starter and add on the break.
(GY) GenCorp Inc - right back to prior consolidation, if this holds $7.50 I’d consider it a good buy for reversal. Notice the previous months trading channel with +/- .25 from $7.50. Once $8 rolls around the squeeze should kick in.
(URRE) Uranium Res Inc - TIM covered this and made a few bucks shorting - watching for a gap tomorrow followed by a test of $5, then on failure to break it, or going red tomorrow I’d look for the short back towards the $3 range. Again, I don’t read the news - theres some massive volume at these levels, if $4 holds this may continue its squeeze but I’m hoping it gaps and squeezes and provides another shorting opportunity at higher levels.
(TAM) Tam Sa - starting a potential reversal here, I like this sort of set up, it double topped at todays highs. If it breaks today’s high $20.84, its a buy should squeeze towards $22+
June 27th, 2008 at 11:43 am
[…] VEXP great drop here where it was unable to break $1.25 a great nearly .50 cent short, I’d suggest probably closing the position here. This is the previous scan HERE. […]