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Posts Tagged ‘BCON’

Breakout Stocks for Monday the 30th of June (ABAT) (BCON) (FINL)

Sunday, June 29th, 2008

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Bottom reversal scan HERE.

ABAT  Advanced Battery Technology - needs to hold $6 to remain bullish, lots of volume this should remain in play for a few days, anything over 7-10 million is a good scalping stock.
ABAT

BCON  Beacon Power Corp - Can’t believe it consolidated and as come all the way back, talk about staying power. This broke the three previous tops a $2.25 break can really send this BUT I think of it more as an accumulate on dips, although with the volume Friday this may start squeezing hard.
BCON

FINL  The Finish Line Inc from scan HERE.

FINL The Finish Line Inc - recent consolidation, the volume is starting to kick up a bit, watch for $8.20 break to buy the breakout

The $8.20 break was key and is squeezing towards new highs, this has room to run towards $10+
FINL

IDRA  Idera Pharmaceuticals Inc - I always like this candles for a squeeze play. A dip out of the open followed by a close near the high, and by lots of resistance, if this snaps $16 this has potential for $18. Notice the volume Friday compared to other days.
IDRA

QTWW  Quantum Fuel Sys Tech Worldwide lots of volume, again over the 10 million mark should be an EXCELLENT day trade both ways. Watch for the $3 break.

QTWW

VNUS  Vnus Med Technologies Inc $21 break is key for this move to continue with the volume, otherwise it may settle and start heading back down. I’d buy on the break of $21.
VNUS

WEL  Boots & Coots/Intl Well Ctrl - Great consolidation - a buy on the $2.50 break
WEL

Hot Stocks To Watch For Thursday the 28th of May

Wednesday, May 28th, 2008

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BCON not normally one that normally can hold gains for more than a day or two but this time Beacon Power Corp has taken out quite a bit of resistance. It’s stopped right at $2.00, slightly over it after hours but needs to consolidate around this level to support a move much higher. I would use $2.00 as a psychologically support/resistance level - I’d expect a gap out of the open probably test $2.20 before coming back to test the $2.00 mark.
BCON

GROW this had a huge run in the past, if it can hold these gains off bottom and consolidate around the $14-$14.50 level this can begin moving towards the $16-18 level and really start a bottom reversal
GROW

HIMX nice breakout from consolidation - watching for the test of $6.00 where we could see a nice squeeze.
HIMX

MGPI - slowly coming out of some consolidation between $7 and $8 over the past month or two, broke through $8 today, watching for it to hold this $8 level to support a move back towards highs
MGPI

PDXC - and OTCBB nothing too special but has room to move if it decides to continue
PDXC

NAVR cheap stock at resistance levels, if it can break through towards $2 this could see a multi day move on the reversal
NAVR



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