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Posts Tagged ‘Bounce’

AAPL Slight Correction and Wednesday Night Stock Scan for Thursday the 8th

Wednesday, May 7th, 2008

Stocks: CTT CNC VSCI WMG RGN UTEK AOB UBET SSBX AAPL

AAPL tested back to $178-180 as we thought tomorrow may still want to knock out a few more stop losses. This dips are healthy it allows the stock to consolidate at a much higher level than last month gaining a new bottom for the next move higher. This may want to test a few stop losses and shake out the weak down to high $170s ($175+)
AAPL

VSCI from breakout scan many times, tomorrow is the big test of $6 (first attempt). This has been very well supported throughout the week, it’s not a quick move in just one day its been slow throughout the day as well, dips continually bought out. Watch for a spike over $6.
VSCI

SSBX bounce watch currently $2.23 watch for any dips out of open and this may turn into a .50 to .75 bounce.
SSBX

CTT - Watching for the $2.50 break this is turning into quite the sustained move, I thought it would correct around $2.00’s but keeps taking out new highs on this run. Watch for a quick squeeze over $2.50 and then I will start thinking about the short side
CTT

CNC - Watching for a $19.50 break otherwise this may head back to $16-17s over the next two weeks
CNC

WMG - We’ve discussed this one quite a bit - it has finally snapped $9.00 but unable to get a good squeeze going watch for a sell off down to $8 if it can’t gain any momentum on a $9.15 break
WMG

UTEK - Very bullish move but beginning to be on the back end of the move… will start watching here for any sign of weakness to ride it back to $13
UTEK

UBET - Doubler, always on watch to see if there’s any follow through
UBET

AOB - Nice +2 spiker today, $12 gap is potential - currently at its last resistance
AOB

WSCI broke $13 and 30 cents from $14!

Tuesday, May 6th, 2008

Great bounce if you pulled the trigger on WSCI

FEED - beautiful bounce off the lows all the way back up to new highs - This is in squeeze mode watch for another $1-2 dollar move and you may be in business for a correction back down to $20. But I’d like to see it test today’s highs again. I was looking for WSCI to do a similar move but the correct back to $13 wasn’t enough and broke back under $13. It’s definately on watch now on the re-break of $13 which could be a move back to $14+

Nice bounce today on WSCI - this may or may not test $14 but a very nice profit from $12.70’s on the break of $13. This may need to consolidate in the $13.35-$13.50 range if its going to head any higher
WSCI

Sunday Night Stock Scan for Cinco de Mayo 2008!

Sunday, May 4th, 2008

VSCI broke through $5 Friday closing at $5.23, this was from our buying the breakout scan. Others from that scan include HDSN is also sitting at $2.50 (breakout level) and WMG will not give up trying to break $9.00.
VSCI

SSBX Bounce Watch - $2.62 was Fridays low, if this breaks it may test towards the low $2’s. Watch for dips out of open Monday this may play towards $3.25-$3.50 on a bounce. Its highly likely it may want to test the $2.50s first.
SSBX

GTXO under the radar breakout scan - chart is setting up nicely. Nothing really here to comment technicals wise since it appears fully controlled. Similar to KYUS and the past success of MXFD.
GTXO

LGDI taking on a new life, this may gap over $4 probably $4.10-4.30 range.. this may have enough strength for a few more days if it can hold all of Fridays gains out of the open Monday… if it can’t hold $4.00 … see you at $3.25 (or lower)… fast. It does look rather powerful though, I’d like to see a parabolic before it corrects.. unless of course it has reason to support a $600 mil market cap here
LGDI

AVR - Aventine Renewable Energy breaking out of its downward channel, on the $6 break this could squeeze huge.
AVR

Breakout Charts - All appear to have more upside but any abnormally large spike out of the open should be considered a short watch to take advantage of any over extension. All appear to be very well supported and might want to break out of current channels for good.

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RUTH - this can play up to around $9.00 before meeting any real resistance
RUTH
RUTH mentioned here by Bob O’Brien always worth the read

NTWK - $3.00 automatic, just a waiting game
NTWK

MOSY $5.50 break could bring some fireworks back towards the $6 range
MOSY

TSYS - this may gap and grab, if it has any follow through could turn into a multi day runner towards $5.50-6 on a $5 break
TSYS

Join us in chat Monday morning and start the week off right. There’s always plenty of people in chat to voice their opinion on any questions you may have. http://www.investorslive.com/chat.php

GRMN with the bounce!

Friday, April 18th, 2008

GRMN as expected this will be a nice two to three day trade before any sell off, and even after the sell off it will probably keep heading north. More on this later… as well as scans for Monday!

Chat has been increasing day after day on a steady basis. Please visit back on Monday! Don’t forget to sign up for our newsletter!



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