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.

MNKD holding support around $3.25, I’d love to see this break out of its channel

(USS) 50% drop from the failure to break $5.00 yesterday! Congrats for all those who traded it, great score for the Tim crowd as well.

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USS great short today! It didn’t break $5, showed weakness and continued to fall over 20% from its peak! It never turned back to test $5 again and fell throughout most of the afternoon. Congrats! This is from last nights scan HERE.

USS I’d like to see a second test on $5 as it very well may break it, if it does I’m watching for a .50 to $1.00 spike to short into, if it doesn’t break $5 and shows weakness i will probably join the sellers and cover only if it test/breaks $5 again

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

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.

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

Bullish Charts

SGEN on a $11 break may see $12-13+ here short term, I’m not convinced yet it needs to break and hold $11

GVHR another bullish chart double topped if you look back to late June you’ll see it peaked out at nearly the same place. I’d like to see this test $8+ quickly for a short, but if it does a gradual move it’s not an attractive short but probably a better long on dips.

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

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.

AKRX squeezing higher, over $5 now from scan HERE.

Hope the Airline industry sector scan did wonders if you had trouble finding something to play today. The key is when the big timer airlines start going, take a look at all the lower priced airline stocks that may or may not have began to move in sync - the odds are with you if you’re sticking within the industry… not necessarily on OTCBB but NADAQ tends to play ball a bit better. For those of you who are first time vistors you can see the Airline Sector scan HERE.

We also had a Wind Energy sector scan which you can find HERE or all sector scans HERE.

Hope everyone is having a good trading day, any sector scans you feel would be helpful to everyone feel free to leave a comment. And as always, if you haven’t joined the feed burner blog delivery please do so! You can do that HERE.

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

HDY managed to hold higher highs, that’s a good sign that they may actually have something cooking, last run stemmed from a bunch of press releases, looking for the same thing here, if it can break $2.00 which I’d bet on it happening out of the open today, watch for slow continuation - this will only interest me around $2.40-$2.50 as it test previous highs. The small short that one could probably make shorting around $2 and covering around $1.80 is a bit too much risk, after all we want the odds in our favor.

USS I’d like to see a second test on $5 as it very well may break it,  if it does I’m watching for a .50 to $1.00 spike to short into, if it doesn’t break $5 and shows weakness i will probably join the sellers and cover only if it test/breaks $5 again

OFI absolute beautiful breaout chart, this should test $10, if today’s gains hold I’d be looking for a long position for that move up - this could be an extreme squeezer of the momentum continues

SKNY up over 16% today! this may test .40+ where I’d think about taking some profits!

SKNY back under another promotion it looks like, this may be good if it holds $.30

SQNM although boring its still on my radar because a $22 break I’m a buyer, I can’t believe it’s held all of these gains without any major dips, this has been on scans for quite some time, see more HERE.

Huge plays today from our scan last night, two of our favorite shorts acted exactly as anticipated, (ZYXI) down nearly 15% with plenty of shares to borrow, (VISN) lost $2.50 from its highs (near $24). We posted mid day today about it HERE and our scan from last night is HERE.