ABMD $20.07 is breakout (52 week high) its jumped up quite a bit the last few days I’d watch for consolidation around the mid 19s if it doesn’t squeeze over $20 an break it right out of the open. If it does it’all probably be a nice squeeze and just that. I wouldn’t marry it but has upside towards $22 potential and if it can consolidate above $20 it could move much higher than that. What I’m looking at is the triple top mid June, mid July and just today at/near $20, so the break will send shorts covering similar to what we saw on WMT yesterday when it broke the quad top.

SGEN border line breakout here over $12 - From scan HERE

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

GERN - looks pretty bullish here, it’s consolidated quite a bit around the $4.50 level which can support a move higher, theres been a lot of $3 to $6-7 plays as of late thats why this one interest me, $5 is its previous resistance point back in May, may squeeze on the break.

VRNM today’s Nasdaq percentage gainer, watching for a gap and continuation then I’m looking for weakness to kick in, I’ll see if there’s a borrow and reserve it just in case. It had a few upgrades so it might have a bit of support in there.. if thats the case let it squeeze, keep a borrow avail and wait for the opportunity, I’ll be monitoring this one and will post a comment with thoughts tomorrow once it begins to pan out

GSPG from scan earlier today HERE, quite a picture perfect chart here, full of a technical traders dream come true regarding support areas, higher highs, higher lows, consolidation patterns, you name it - its there. I’m not looking for a huge 50% move here in the next day or two because that’s just not the way it trades but I do anticipate an accelerated move over a nickel once it snaps.

MICG from scan last night gave us 15% out of the open on the move, watching for further consolidate and re buy on a .60 break

MICG -MICG.OB a blast from the past this had ran from these levels to $5 on its first move - anythings possible worth putting it on radar

Tags: ABMD, GERN, GSPG, GSPG.OB, MICG, MICG.OB, SGEN, VRNM

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