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IDAE - possible breakout buy tomorrow towards $2.25

LONG from scan HERE, moving up yet again, if this doesn’t break out tomorrow I’d suggest taking profits since the volume has dried up, although it may still breakout, I play stocks based on volume, % gains and ability to play the channel during the day. Once it loses volume I tend to take it off the radar.

LONG  Elong Inc - on watch for reversal here, $7 needs to hold could test back towards $8 for a .75-$1.00 bounce.

Crossed through $24 on the downside = breakdown, watch for $22.50 area to cover. From scan HERE.

AVCT  Avocent Corp - Four days of big candles, watch for the $24 gap and correction back towards $22.50 range. If $24 holds, be careful it could squeeze higher.

OPTV  Opentv Corp - double top today, if it breaks today’s high this may pop towards $1.75+ There is enough volume to trade in and out during the day but not attractive enough to buy and leave the PC since its a high percentage mover being such low price.

SQNM  Sequenom Inc - another fabulous trading day on this one, watch for all spikes and confirmation of breakdowns intra-day and it provided quite a bit of profit opportunities today. I traded it quite a bit myself. I am bearish on it at this point but still expect it to squeeze higher, but I won’t be making money off the long side, only making money on the spikes correcting and breakdowns

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A few recaps first:

GNLK for the OTCBB players this one is still on watch for that .50 break,.10k shares for a flip of .05 to .10 on the break could yield a $5,000-$10,000 profit quickly. From post HERE.

GNLK this may be a nice breakout over .50 if it can snap it and hold. Beautiful set up and happened to make my scan among other pinks/otcbb’s like FRGY and NCEY.

ZZ Broke out today over that $6.10 mark closing at $7, watch this for a bit of continuation tomorrow and then consider taking profits in my opinion. From scan HERE.

ZZ  Sealy Corp - I like this chart, the volume starting to kick around, this is one that can really gain some momentum and sustain for a few days once it begins to turn, first buy on the $6 break second buy on the $6.10 break in my opinion. (ZZ)

GDP - great short further than I anticipated back to below $70, if you haven’t covered, downside limited here in my opinion since longs are in control of the shorts.

GDP - Anytime you can pull a 2 month chart up and it shows $15 and $90 on the same scale you know you are dealing with a HUGE move. I’m looking for a gap and crap back towards the $75 range, I’m looking for a short as close to $90 as possible. If it gaps and shows weakness there may be a easy $2-3 dollar profit from today’s move, nevermind the past few months. BUT if it doesn’t and holds support here this could be setting up for a nice move to triple digits, but I’d still like to see consolidation around $75 before that happens.

AVCT  Avocent Corp - Four days of big candles, watch for the $24 gap and correction back towards $22.50 range. If $24 holds, be careful it could squeeze higher.

LONG  Elong Inc - on watch for reversal here, $7 needs to hold could test back towards $8 for a .75-$1.00 bounce.

GETG  Green Earth Technologies Inc from scan HERE, huge break today, watch for the gap and test of $4 tomorrow and then start thinking about taking some profits.

MXC and PDO are on watch for a bounce after any large dips or gap downs tomorrow.

(PASO) was added to scan a few days back and highlighted today HERE. And (BSGC) be careful, post HERE.