Monday Night Stock Scanner for Tuesday The 8th of July
Monday, July 7th, 2008Please sign up for these nightly alerts of trade ideas for the following day! Sign up HERE to receive these blog’s once a night via e-mail and never miss a potential move again!
A few recaps first:
GNLK for the OTCBB players this one is still on watch for that .50 break,.10k shares for a flip of .05 to .10 on the break could yield a $5,000-$10,000 profit quickly. From post HERE.
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.
ZZ Broke out today over that $6.10 mark closing at $7, watch this for a bit of continuation tomorrow and then consider taking profits in my opinion. From scan HERE.
ZZ Sealy Corp - I like this chart, the volume starting to kick around, this is one that can really gain some momentum and sustain for a few days once it begins to turn, first buy on the $6 break second buy on the $6.10 break in my opinion. (ZZ)
GDP - great short further than I anticipated back to below $70, if you haven’t covered, downside limited here in my opinion since longs are in control of the shorts.
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.
AVCT Avocent Corp - Four days of big candles, watch for the $24 gap and correction back towards $22.50 range. If $24 holds, be careful it could squeeze higher.
LONG Elong Inc - on watch for reversal here, $7 needs to hold could test back towards $8 for a .75-$1.00 bounce.
GETG Green Earth Technologies Inc from scan HERE, huge break today, watch for the gap and test of $4 tomorrow and then start thinking about taking some profits.
MXC and PDO are on watch for a bounce after any large dips or gap downs tomorrow.
(PASO) was added to scan a few days back and highlighted today HERE. And (BSGC) be careful, post HERE.



