Can’t believe this penny stock has held ALL its gains, and that’s why I’m highlighting it. Normally as I mentioned in this post I am not a sub penny player, but ever since they became increasingly liquid over the past month they’ve got me monitoring. GSPG amazingly enough has held higher highs and higher lows for the past 6 months come up from micro penny level which is pretty much unheard of unless you go back to the QBID days four or five summers ago, or USXP of two summers ago.

At any rate -heres the chart:

Watch for dips the next few days where it may be a good flip towards the .05 break. I’m sure a lot of longs are sticking in with a psychological price point in mind of .05 for the big test, once it breaks that I’m sure they’ll all be jumping on a dime. This shareholder base is ridiculously large given the float so anythings possible.

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ABK watch for this to lose $5 and continue selling pressure downward - after all longs have been given 5x their return off the 52 week low, keep that in mind

RDN amongst other financial stocks beginning to show some weakness (obviously FNM and FRE to thank for that)

Not a whole lot on scan tonight - There is a lengthy list of bottom reversals that I like.

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Airline stocks are HOT and holding all gains and will probably make some nice moves here on big squeezes, you’ve got to mark this post and keep them ALL on watch - find one in your price range and go from there, follow the big boards

Airline Stocks Hot Hot Hot - Here’s an Airline Sector Stock Scan

ABK starting to look a bit toppy but then again with the ‘no shorting’ stuff it may squeeze higher than one would expect
MOT from today had a decent short opportunity out of open
WMT had a nice breakout from HERE - which provided a $1/share profit on the breakout

HRP looks pretty bullish here if it breaks and holds the $7.50 level look for continuation, more of a longer term play than anything

PTRY great squeezer nearly 100% gains in the past 2 weeks looking for it to test $20 before I think about the short (unless weakness keeps in before)

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

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RAMR up about 100% from lows watching for a gap and weakness, this may have another full day in it towards $2.50 similar to SCA which we nailed Friday! Keep an eye on it, I’ll have more thoughts tomorrow once theres a chance to see it played out.

ABK 76 million shares does not go unnoticed, this is a perfect day trading stock for those who like flipping. It’s a cheap sub 5 dollar stock that is trading nearly 100 million shares. Although most of the day Friday it was heavily supported (higher highs and higher lows) but I expected Monday to have more more .20-.40 cent channels due to long/short battles after the 50% gains Friday

MBI looks like a good reversal coming off the bottom, I’d watch for dips back towards the low 7’s, once support kicks in probably pick up a few for the test of $8, on the $8 break I’d probably add to it

RDN - 46% gains on Friday, this has been liquid since hitting bottom trading many times on average over 10 million shares. This could turn into a major short squeeze if it can hold Friday’s gains Monday.
STEC

From scan on Friday some are still in play:
SCA a nice short on Friday closed weak it may gap and sell off more into tomorrow…
STEC a nice bottom reversal as it holds $10
STAA a nice breakout

You can view those scans HERE.