Sign up NOW for our award winning newsletter!  
 

Archive for July, 2008

Hot Stock Scan for August 1st

Thursday, July 31st, 2008

SCA 200% gainer in the past few days, its probably a good idea to get borrows early at a higher prices in case they are hard to come by once everyone senses the weakness. If it’s a gradual move up tomorrow I ptobably won’t take on a short position until theres an accelerated move or a breakdown is confirmed

BRKR up over 15% today, watch for continuation over $14 out of the open, if it fails to break theres probably a good .50-$1.00 downside, but I’d expect a bit of continuation

Watching for a move to $6.50+ before potential weakness comes in

TWP - watching for a gap and crap tomorrow

Bottom Reversal

STEC As long as $10 breaks/houlds this may head back to $12-14 short term.

STAA breakout watch here very nice chart setting up

(MNKD) 10 Percent Yesterday 15 Percent So Far Today!

Thursday, July 31st, 2008

Those of you that have been following scan the past few days knew $3.25 was a huge break on MNKD we started monitoring if it broke $3 and held it (this was the first buy) and once it confirmed continuation $3.25 (add to position) and was clear sailing from there. Sure, maybe this will keep going, maybe not personally after nailing a $1 on the upside (about 25% gain in the past 2 days) I always like to take profits (at least some) into strength. Here’s the thing though, it hasn’t been a quick squeeze type play that I’m always looking for on the short, its been gradual through the day which leads me to believe it may have some legs. I’m going to give it a chance to test $4 into the afternoon, if it fails I’ll probably sell if it loses $3.85 (still a near 20% gain). Congrats everyone!

From last night:

A brief recap of the past two trading days which have provided some extremely successful trades off of scan! MNKD the first which is still in play was setting up to be a perfect breakout. It took out the $3.25 early, held $3.25 support all day and squeezed into close!

These are the previous blog entries the past two days regarding MNKD:

MNKD setting up a beautiful chart here, keep on breakout watch, from scan HERE.

MNKD starting to turn up a bit, this one has fell from grace. This is a buy if it breaks back over $3 and holds it, and I’d add on a $3.25 break. It’s failed to break it the past two attempts ($3.25) but take a look at the 6 month chart below this one… you’ll see the move that it “could” have if it reverses

Stocks of Interest For The Final Day of July (PSTI) (BBSI) (QTM) and (TMR)

Thursday, July 31st, 2008

Please sign up for these nightly alerts of trade ideas for the following day! Sign up HERE to receive these blog’s once a night via e-mail and never miss a potential move again!

Earlier scan from tonight HERE, more of a recap of the past few days. (VMSY.OB) has also been added to my under the radar scan - will update that section shortly!

PSTI on watch for a gap and crap, this is a favorite “Lebed play” play. This could continue through tomorrow but I’d start looking for the borrow just in case, I’d like to see it test $2 to get a real feel as to how its going to play out

BBSI huge gap up over $4 today, would like to see more of a squeeze but if it spikes more than .50-$1.00 I’ll proably join the short side and ride it back towards $16

QTM - nice bottom reversal chart, resistance levels near $2, anything past $1.75 this stock will interest me (hoping there’s a squeeze) otherwise if it doesn’t break $1.75 this may be heading right back towards the $1.25-1.30 range

TMR breakout watch, just like MNKD the past two days, this is a perfect set up I’m a buyer on the $3.25 break

A Small Recap of the Past Two Days, and a Scan Coming Later!

Wednesday, July 30th, 2008

Please sign up for these nightly alerts of trade ideas for the following day! Sign up HERE to receive these blog’s once a night via e-mail and never miss a potential move again!

Scan for Thursday HERE

A brief recap of the past two trading days which have provided some extremely successful trades off of scan! MNKD the first which is still in play was setting up to be a perfect breakout. It took out the $3.25 early, held $3.25 support all day and squeezed into close!

These are the previous blog entries the past two days regarding MNKD:

MNKD setting up a beautiful chart here, keep on breakout watch, from scan HERE.

MNKD starting to turn up a bit, this one has fell from grace. This is a buy if it breaks back over $3 and holds it, and I’d add on a $3.25 break. It’s failed to break it the past two attempts ($3.25) but take a look at the 6 month chart below this one… you’ll see the move that it “could” have if it reverses


RTK took out the $2 level, I’d like to see this consolidate around this level so it can support a higher move than just $2.50.

From scan HERE.

RTK - it may be a one day wonder like HDY was today, but if this can consolidate and hold $2 this may be attractive for a squeeze over previous highs


SCON I am monitoring every aspect of this for a squeeze followed by a lot of weakness (if history repeats itself) it’s almost made it to the $2.50 level I’m hoping it squeezes and gives us a shorting opportunity.

SCON - Setting up similar to (USS) from scan HERE, I’d watch for the $2.50 break as this could squeeze towards $3 easily - I’m watching for a spike in volume with little price movement to signal a top

EMIS up another 8% today, watching for a squeeze tomorrow and then I’d think about profits… once it consolidates possibly jump back in but good enough for the quick trade if it test high $3s out of open.

EMIS beautiful breakout move here, I’d watch for consolidation around $3 as it attempts to break through the $3.50 mark.

SKNY good sale today, it was lacking momentum on its move up, didn’t break $.40 and turned out to be a good sell out of open

SKNY had 16% gains yesterday, 6% gains today I’m a seller on the gap tomorrow if it doesn’t carry some momentum into market open. Scan HERE.

HW nice profit opportunity and the cover available under $13 for quite a while, it squeeze up into the after noon which means its still in play hopefully takes out more highs and gives us another shorting opportunity.

HW showing more weakness here, topped out in the mid 13’s ($13.48) almost back to $13, longs may try to hold the $13 support but if it test it there should be a good covering opportunity when stop losses are filled on the loss of $13.

HW - Watch for the $13 break out of open, this is not an immediate short as there is still upside potential. I’d like to see a gap and squeeze towards mid $13s-$13.75, and once it shows weakness probably short it back towards $13s.



TIMlinks Visit my profile on FeedTheBull.com