Sunday Night Stock Scan for Monday the 25th of August
Are you subscribed?
Sign up HERE to subscribe to InvestorsLive feed! Don’t miss another trading opportunity again!
BORL - $1.75 break should cause a squeeze. This one’s good if it holds $1.60-1.65 range. Volume starting to pick up looks pretty bullish
CSUN originally expected a nice shorting opportunity on a spike, but this turned into a gradual move through the day and ended the day extremely bullish. I expect a gap over $12 and potential squeeze than I’m monitoring for a short. More comments tomorrow as I’ll probably play this.
CSGH nice consolidation, if it breaks/holds $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 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 decent gains the past 2 days from $2 bounce, don’t marry it - if it test $3 and fails, a $1/share profit is not a bad gig for 3 days.. don’t be greedy. You can always buy it again if it keeps running and squeezes over $3
Scan here
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.
August 25th, 2008 at 10:50 am
RHD showing signs of weakness
August 25th, 2008 at 11:20 am
MITI gave it up - didn’t play it - was looking for more ramp on open to short into. TIme to mov on…
August 25th, 2008 at 11:21 am
dont see else anything I like at the present time
August 25th, 2008 at 11:29 am
thanks for RHD i bought at 2.40 and sold at 2.91 i will have my money settled Thursday. I will read your blog Wednesday to look for other solid plays.
August 25th, 2008 at 1:39 pm
hi
what d u think about borl? volume is really low…i had a buy stio order which should have never been executed but it did…and i am in it. should i drop out cause of the volume/?
August 25th, 2008 at 1:41 pm
BORL yes volume died so not a momentum play but I do like it .. minimal risk imo, stop loss at 1.60 … if it breaks $1.75 it’all be off and running
August 25th, 2008 at 1:41 pm
Lamar nice trade!
August 25th, 2008 at 1:45 pm
ok thanks…i will keep the position with the stop loss open then
August 25th, 2008 at 1:46 pm
Yes B smith and VASC is border line something either a big squeeze or a big drop +/- $1.00 in one direction or the other waiting for it to decide
August 25th, 2008 at 2:10 pm
mkgirl, eyes on BORL? testing $1.75 now
August 25th, 2008 at 2:23 pm
here comes the second attempt at $1.75 - looks stronger this time around
August 25th, 2008 at 2:24 pm
THinkin about CSUN long here.
August 25th, 2008 at 2:25 pm
and it broke this time
August 25th, 2008 at 2:29 pm
VASC losing support but not a worthy short on the bid $8.90 or higher with a cover at $9 if it breaks, otherwise we’re going lower
August 25th, 2008 at 3:41 pm
Bought CSGH at 1.30, had to leave, it is at 1.20 now. Hold or sell?
August 25th, 2008 at 3:48 pm
BORL - ouch… even clearly broke $1.75 to $1.77 and became a bull trap.
August 25th, 2008 at 4:02 pm
B. Smith its even with entry, and hasn’t lost $1.60 still bullish in my opinion, if it doesn’t break out or loses $1.60 I’ll cut the loss, not that big of an “ouch” unless you’re concerned with .07 if you bought at high of day
August 25th, 2008 at 4:03 pm
Gloria looks like a slow sell off into the close, looks like a short term trade I wouldn’t ancipate a huge move in either direction until it can break and hold the $1.25 mark
August 25th, 2008 at 4:24 pm
Thanks, I will be watching it closely but I do have to work in the morning so it will be hard. Also, RDN had sales force expansion news after the close which may or may not impact if anyone is interested of has an opinion…
August 25th, 2008 at 4:37 pm
Can be a quick ouch is you played BORL with size; clearly many people did because i watched about 500,000+ shares ring through at $1.75 area. There’s going to be some serious overhead there; wouldn’t want to be long here; just my opinion.
You’re doing a great job overall J. Luv the blog.