Breakout Stocks Monitoring For Potential Shorts for Tuesday the 1st of July
Tuesday, July 1st, 2008TGC from scans breaking to new highs, $2.70 may send it to $3, I’d like to see it test that out of the open and on weakness I’m looking for a short, if it can take out $2.50 support I may hold the short back towards mid level $2’s
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.
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HYGS on failure to break $2 I will short, this can sit back quite a bit coming from lows of $.50 and near 400% gains.
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.



