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Posts Tagged ‘EXXI’

A Few Potential Breakouts and a Quadruple Top to Watch

Monday, May 5th, 2008

EXXI very nice move off consolidation, at this point I’m only watching for a more of a squeeze there is no reason to take a position or short here, it’s like throwing darts, watch for this to break $7 before stalking it. The downside is small in my opinion, there has been lots of consolidation in the $5 area.
EXXI

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+
FEED
WSCI

FBP on watch for the break of the quadruple top, if this breaks $11.15-11.25 this can really spike as its been tough resistance for months
FBP

WHT breakout chart watch for a move towards $4.50, consolidation around the $4.25 level before a move higher.
WHT

VSCI from scan last week and this weekend - on a tear towards $6.00.
VSCI

DSCO short watch - I’d like to see it trade above $2 before it heads back to $1.30-1.40s but it may not…
DSCO

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