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Posts Tagged ‘BHBC’

Scan For a Slow Friday Expected - Day Before Memorial Day Weekend

Friday, May 23rd, 2008

Few on watch for tomorrow. Lots of plays today, if you are around during the trading day tomorrow take a stop in chat at http://www.investorslive.com/chat.php

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PSDV nice walk up, finally got some volume and a breakout, watching for any follow through.
PSDV

TWP - Watching for the gap and run towards $14. That’s the key level here, either it breaks $14 and squeezes more (where we watch for the short on any .50 to 1.00 move) or it doesn’t break $14 and we short it for a correction back to $13.
TWP

BHBC - Consolidation around the $2.50-2.75 level, watching for a $2.85 break which could push it through $3+ for a spike back towards $4. If no volume comes in and no follow through… this may just float around the same level and head back into the 2’s. So I’m only watching for the $2.85+ break.
BHBC

TSYS has been flirting with $5 dollars for about 2 weeks now, closed today at $4.99. After a big dip today and closing at the high of the day this shows a bullish (longs in control) move which may be able to support the break to $5.50+
TSYS

SINO is going to be the best one to trade tomorrow I expect swings both ways to be enormous $2.00-$3.00 both ways.
SINO

MXC / PDO / PFF

These again will be volatile I’m sure, MXC may want to gap a bit to try to scare shorts to cover or it may want to gap down to trap more shorts so it can bounce. Either way the bounce will be limited in my opinion and as you’ll see over the next few weeks the volume will go back to slim to none before it craters back to the $20-22s. But since there is volume, it is in play I do expect a slight bounce. If it test $30 it’all probably screw a few market sellers with the wide spread and those orders will fill $28 range. That’s where I’d buy for a bounce back to $35+
MXC

PDO and FPP I’m using the same game plan

PDO may want to test $17-18s before heading back to $22 - $23-25 is top in my opinion the move is done, longs will try to squeeze shorts again but there is a point where it even gets risky for the longs if they get stuck holding a bag of exactly what these companies were 2 weeks ago (nothing of interest to anyone .. anywhere)
PDO

Hot Stocks Breakout Stocks For Thursday the 15th of May

Wednesday, May 14th, 2008

ACXM - creating a bullish channel here, its been consolidating higher and higher. With a $12.50 break this should test $13+and may even squeeze to the $14 level if it breaks Aprils resistance.
ACXM

BHBC - two great days in a row, I’d watch for a gap and crap style here, if it test near $4 it will probably be a good short back down. I’ll be watching out of the open for any positive movement.
BHBC

CPSL - At prior resistance, from both March and April, if it breaks $4.50 this should be an easy long to $5-5.50. Also worth noting is the 4 million volume.
CPSL

HQS - nice dip today and squeezed back up (shows strength) $14 break should squeeze past $15. Watch for this one because any big squeeze can result in a nice correction back to the $13s.
HQS

HUSA - what a move from the $2s early this year, coming up on $8 dollars leaving some longs with 200-300%+ gains. Watch for the blow off soon on a short squeeze.
HUSA

NWY - Similar to HUSA above watching for a blow off towards $9-10 range.
NWY

NYNY we mentioned HERE. This has been a very bullish move and should squeeze shortly to $5+
Watch for a correction back to the mid 4’s after it test the $5 break.
NYNY

SMP - This seems fully controlled by longs, I wouldn’t look for the short yet, if it dips it may want to consolidate around $8 but probably good for 10+
SMP

UBET we mentioned HERE. I didn’t like it at first because of the lacking volume but today with over $1mil volume its a different story. This may test $2-2.50 after brief consolidation.
UBET
Keep a solid eye on previous scans if you are looking for plays - many of these stocks are becoming very volatile providing some good swings.



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