CV continuing off that $20 break - went straight to $22 this may support a larger move than I originally anticipated, on the $22 break can cause a squeeze .50-1.00+
From scan HERE.

CV  Central Vermont Public Service Corporation - I’ll buy $20 break for a squeeze towards $22+

SOAP still sneaking up towards $5 after a few attempts have been unsuccessful, if it does break it should squeeze towards $6+
From scan HERE.

SOAP  Soapstone Networks Inc $4.50 break is what I’m watching for, it could spike if it breaks and holds. If $5 can break after consolidation this could turn into a multi day move.

CHCI - never like these penny stock Nasdaq stocks, almost good second or third day shorts… the hardest part is determining if it is just that… a short on the second or the third day. Watch for it to gap and test .50 and watch for weakness back towards the low to mid .30s

CRNT great bottom reversal stock, broke past $8 today with power - watch for the gap and squeeze out of open and keep an eye for weakness back towards mid 8’s.

EZCH - On scan before - hasn’t been able to break $18 for the past 4 attempts, I will be monitoring this stock to see if it tops there, notice how fast its covered $14 to $17.50+ vs. the previous attempts where it slowly made its way there. This is what happens when a few too many shorts think its heading the opposite way and then get caught… and with that they can help it break previous resistance..

MWY can’t believe I’m giving Lebed credit but he nailed this one on his newsletters… (don’t think we forgot about BSGC which was also going to the moon), very nice break out from the bottom and its turned into a ’story stock’ for the time being if it gaps over $4 and runs it may be a good short back towards $3.50 to watch for more accumulation if it continues

GSPG.OB which we’ve been watching for a while now has been really proving to be a great trade. It’s been holding all support levels, consolidating at higher levels and breaking out time after time. This thing is really defying the odds found in most sub penny stocks. Watch for this to hold .04, once it confirms this may start making a QMNM type spike (remember HERE) - we may see a nickel tomorrow.

A few breakout bottom reversal stocks on watch for Monday. There are better short plays for this week… a few are listed below all carrying pretty large % gains within the past week!

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WSCI acted pretty bullish Friday by dipping and heading all the way to a near high of day close. This may gap .20-.30 and test $10 out of open. If it doesn’t break it watch for weakness to begin a short back towards mid 8’s. If it does, wait for a spike over $10 to take a shorter start, let it show weakness before guessing a top.

SPRD watch for the $6 break out of open and upon weakness should be a good short back down - but this very well may have staying power so let it begin to breakdown and confirm its trend.

ZYXI great breakout, watching here for the $3.50 break and a spike, it may be a hard borrow but I will be looking to reserve some for any parabolic (squeeze) style move.

WERN - As mentioned in scan… buying dips was the way to go a near $2.00 bounce and close near high of day Friday. Watch for the gap over $24 and the breakdown to begin after any squeezes out of the open. If it consolidates just below $24 it may be worth sitting sidelines and watching another play on scan, after all you want the ball in your court, no sense guessing.

TPX at another key level, $10 break out of open, once it breaks down and heads back under it, it may be good back towards $9, I’d like to see this test $10.50+ out of open though for a decently high avg’d short.

OPTV breaout watch over $1.75 - this can support $2+ move on a squeeze, its been in a bullish channel for months now

SOAP from scan HERE, holding gains, watching for continued momentum off the bounce, a break of $5 again will send shorts screaming - we may see a squeeze here

Please view Saturday’s scan HERE.

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