(QMNM) (GSPG) Defying Gravity (FXEN) (NOA) (GAIA) (GSI) Great Plays
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Other scans today:
Sunday Night Stock Scan for June 23rd
QMNM - Talk about MOMENTUM! This stock is $300k dollars short of trading $5 million dollars today. This move has been incredible and although its hard to believe its going to fly too much higher due to its high percentage gains day after day and its need for correction THERE IS SOME REAL support in there and may test towards the .035-.04 range today (but hey then again it could go to .05++!)
GSPG from scan breaking out of a nice channel today if it can top last highs should clear .04 with no trouble. This has such a large shareholder base, and for that matter a short base that it very well could.
FXEN setting up nicely - I like this consolidation here after it helds yesterdays gains, very bullish in my opinion.
FXEN FX Energy Inc - I’m a buyer if this holds $5.75 range or breaks back through $5.85 for the move/squeeze over $6, I like this consolidation around $5 and breakout from it…
GSI grabbed the $2 more of upside I expected, down currently 40 cents off its highs, am looking for .50-$1.00 pull back form that $14 level.
GSI General Steel Holdings Inc - $12 break I’m a buyer only for a quick flip because thats big resistance to break should spike .50-$1.00 + on the break (it has run to spike another $1.00-2 max in my opinion (on this move), after that I’ll be looking for reverse sides for downside potential of $1.00 or so, based on its past it seem as though once it reverses direction it gives back nearly all its gains.
GAIA - not taking off radar consolidation around this area followed by a $15 break should cause a nice squeeze higher.
GAIA Gaiam Inc beautiful bottom reversal, rather large move on Friday. I want to see this continue but I don’t trust $15 yet, I’d watch for it to dip out of open once it finds support buy on the $15 break. If it holds $15 out of open, go for it and it may put in a good squeeze.
NOA - opened much higher than it closed so I didn’t end up touching it, if anyone grabbed a short out of the open near $24 or above, congrats!
NOA North American Energy Partners Inc. This thing has been on cruise control since $10 and has hardlk looked back. This has consolidated the past week around $20 - $21.43 is breakout (52 week highs) if it holds $20.50 I’m a buyer for the $21 break.



