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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.

VISN bullish it was! Beautiful breakout past $20 to almost $24! Hope a few were able to nail that one. I should have an updated scan this weekend for under the radar stocks as well as a scan Sunday night for Monday plays.

VISN looks extremely bullish, notice the channels higher lows and higher highs. Watch for support around $18, this looks good for a break past $20

AKRX - watch for the squeeze Monday this is behaving nicely

AKRX - earnings are coming so this is a play into that, could move hard in either direction but looks pretty bullish .. Without doing too much due diligence since I never really do… it looks like earnings are the last day of July - so I’d expected this to be volatilie until then, it may squeeze towards $5 and present a good shorting opportunity to those who panic before they are released.

So… I was off by a PENNY on my low end cover range for where I expected MKTY to fall to in last nights scan listed below, or HERE. I’ll work on more accurate cover ranges for the future, I hope to narrow it down to within a fraction of a penny!

MKTY watching for a gap and crap, this is probably a pretty decent short tomorrow, but lets see how it trades out of open. Tim had a decent trade on it (from his alerts) but later in the day, it turned up towards high and closed relatively strong. This gives us another day for a possible squeeze and a higher short average. I’d let it squeeze out of open, failure to break $6 and confirmation of a breakdown I’d jump on board on the short side - back towards $3.75-4

Last nights stocks are still in play for tomorrow - commentary stands.

AKRX - earnings are coming so this is a play into that, could move hard in either direction but looks pretty bullish .. Without doing too much due diligence since I never really do… it looks like earnings are the last day of July - so I’d expected this to be volatilie until then, it may squeeze towards $5 and present a good shorting opportunity to those who panic before they are released.

EPAX - another earnings play, my take is its just a low float squeezer, watch for a gap and tank… i doubt it heads much higher than $20

SGEN looks bullish towards $12 at which point I’d watch for weakness

EZCH took out the $18 resistance this has the possiblity of heading towards $20

EZCH - On scan before - hasn’t been able to break $18 for the past 4 attempts, I will be monitoring this stock to see if it tops there, notice how fast its covered $14 to $17.50+ vs. the previous attempts where it slowly made its way there. This is what happens when a few too many shorts think its heading the opposite way and then get caught… and with that they can help it break previous resistance..

Keep on radar the Airline Stocks we posted HERE. Many squeeze back mid day into the close leaving another day of opportunity for tomorrow similar to MKTY, watch for the morning gap and squeeze and sell off into close.

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