Stock Scans For Tuesday the 19th of August
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FMD - largest percentage gainer today, of course its going to make the list, broke past previous highs watching for support to kick in after testing back under $5, might continue to squeeze towards $6, if it comes out extremely strong I’m watching for .50-$1.00 spike to short on but don’t marry it, take the profits when you have them as it can easily squeeze back like NOBL did
NOBL border line breakout, held $4.90-$5.00 support we were looking for, this is a possible buy on the $6 break, possible upside of $1-2 from here if it squeezes, if you go back to THESE comments alone, no one really believed NOBL would hold it’s gains, so that may be the same boat many are in and are about to get squeezed… we’ll see.
VASC $9 break could carry out a squeeze, towards $10, I’m watching more for the parabolic action to short on, which should happen soon given a $.75-$1.00 spike
RHD I like this for a bottom reversal with a stop at $2, volume returned today if it can hold $2 start position is probably good, followed by an add on the previous top.
IDEV looking good still holding the previous two days gains - from scan HERE
After long consolidation this is starting to head off the bottom, it’s pharma play but starting to reverse “Indevus says bladder treatment gets US patent” can carry it, watch for support at $2, take a look at the 6 month chart and you’ll see why I’m interested, this dropped fast from $6 range on nearly 50 million + volume, so even if 10% of the volume comes back this could result in a nice squeeze towards $3+
TSYS finally after monitoring it for three consecutive days it longs give in and allow it to slip $1 on the downside. As mentioned in the last scan HERE “short back towards $7″ we are here, time to take profits and move on
TSYS volume steady, $8 needs to hold, if it can’t watch for the short back towards $7, if it squeezes out of open and fails $8.25 (today’s highs) I’ll take a starter position on the short side.
TSYS monitoring like crazy tomorrow, still bullish, it had a nice dip today but fully recovered which is a bullish sign and could cause a squeeze. I will post more tomorrow regarding this because I’ll probably trade it on weakness.
TSYS gapped up, held all gains today, would like to see the test nearing $8 once this shows weakness this may be a nice one back towards $6.75 or so




August 19th, 2008 at 10:30 am
monitoring FOUR heavily for a drop under $1.40 and potential HUGE bounce
August 19th, 2008 at 10:36 am
FOUR here comes the bounce… $1.40 a good grab imo
August 19th, 2008 at 10:36 am
VNDM chasing on the bid
August 19th, 2008 at 10:40 am
only retail seller is UBSS the rest of 500 size, watch for support around $1.50 and VNDM to keep chasing
August 19th, 2008 at 10:50 am
Bounce baby bounce!
August 19th, 2008 at 11:25 am
possible slow and steady towards $2
August 19th, 2008 at 11:57 am
FOUR some big blocks there, either a cover or someone crossing in funds low to help support this on the way back up.. you never know with these things, holding steady though
August 19th, 2008 at 11:58 am
FMD no support around $5 beautiful sell off
August 19th, 2008 at 12:03 pm
FMD probably a good cover at $3.75 may change direction here.. $4+
August 19th, 2008 at 12:38 pm
FMD testing $4 now, good cover and trend reversal - FOUR on the verge of busting through $1.70, currently $1.72 offer, great bounce from $1.40 range!
August 19th, 2008 at 3:44 pm
[…] FMD turned into a huge short out of the open the bottom was put in around $3.60-$3.70 range - there wasn’t a big spike like I was hoping out of the open but surely a lot of weakness this turned out to be a great trade both short than long admin Says: August 19th, 2008 at 12:03 pm […]
August 20th, 2008 at 4:17 pm
[…] on watch first mentioned HERE. monitoring FOUR heavily for a drop under $1.40 and potential HUGE […]
August 21st, 2008 at 11:31 pm
[…] scan HERE. RHD I like this for a bottom reversal with a stop at $2, volume returned today if it can hold $2 […]
August 22nd, 2008 at 8:23 pm
[…] scan HERE and last night HERE. RHD I like this for a bottom reversal with a stop at $2, volume returned today […]
August 24th, 2008 at 10:56 pm
[…] $1.25 looks nice like a nice short term trade - double up on the $1.50 break VASC from scan here, border line breakout should squeeze if it holds $9, if it doesn’t forget about it.. VASC $9 […]