PTEK - huge spiker off bottom if this can’t break $6 tomorrow out of open it may be worth riding a short back through $5 if it does - at which point it may want to consolidate before continuing its move

SAI if it can hold $21 level support it can maintain a move much higher especially with the volume today, if it ends up breaking through $21 keep it on watch for reversal because it should test $22+ on this move and volume

CYCL - nice volume, this should test $9+ easily, if it doesn’t right out of the gate Thursday watch for it to re-test $8, if it holds, it should squeeze towards new highs

ILA - A whole lot of consolidation around $3.75 and stuck in this channel, if it can break out of this channel this could sustain a nice move - the volume is picking up as well

HIMX from last nights scan, making more of a move today, the volume is consistent, $6 needs to hold support if it does I’ll probably jump in for a move towards $7 - I don’t think its worth a short on this small of a move so far

STKL - Watching for gap and crap to short on, or no gap and squeeze out of open, the volume is much higher than normal today so it could support a squeeze way over $8, watch for it in the AM if it holds green I’ll probably ride it for the $8 break

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Himax Technologies Inc (HIMX) great move the past few days up a buck but if it maintains support this can break through towards $7+ Keep an eye for breakout

Newpark Resources, Inc (NR) sitting just below $8 can squeeze on a break of it, watch for it to hold $8 if it can’t I’d wait for it to consolidate before watching for the move towards $10, looks like a better one to watch for a long than to guess when to short

Novatel Wireless Inc (NVTL) sitting just below $11 - this has closed the gap from mid April and is in squeeze mode after testing the $10 support today, watch for dips for the move towards $12+

Omni Energy Services (OMNI) should gap and run ove r$7 if it can maintain the momentum as we saw with ROYL today. Keep an eye for it to pull a move like it did when it spiked to nearly $6 on almost an exact move from just below $5 to just below $6 and today, just below $6 to just below $7. so it may test $7.20 and head back to $6.80s.  It’s also in a good sector (Energy) where everything has been carrying momentum regardless of their business/operational success

Royal Energy Inc (ROYL) down a bit after hours but may be a ploy to trap shorts and power a move towards $12 before it settles. I didn’t think we’d see a move this big and I don’t think shorts did either, I also don’t think they saw the move towards the end of the day coming and ended up getting caught up pretty good… I’d be curious if this test $12 tomorrow.

Boots & Coots/Intl Well Ctrl (WEL) gradual move can support a break of $2.50 watching for consolidation and dips here for the test, volume increasing, volatility may follow tomorrow

Pacific Ethanol Inc (PEIX) - just a straight up turd since the move - but I have it on my scan in case it decides it wants to do a dead cat bounce. No - I’m not recommending this is going to bounce because it very well may continue downward and make 52 week lows, but I think if you pull it up with a chart and have it on radar tomorrow/Wednesday or Thursday, one of these days it may provide some upside profits

OTCBB Scan Earlier Today

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BCON not normally one that normally can hold gains for more than a day or two but this time Beacon Power Corp has taken out quite a bit of resistance. It’s stopped right at $2.00, slightly over it after hours but needs to consolidate around this level to support a move much higher. I would use $2.00 as a psychologically support/resistance level - I’d expect a gap out of the open probably test $2.20 before coming back to test the $2.00 mark.

GROW this had a huge run in the past, if it can hold these gains off bottom and consolidate around the $14-$14.50 level this can begin moving towards the $16-18 level and really start a bottom reversal

HIMX nice breakout from consolidation - watching for the test of $6.00 where we could see a nice squeeze.

MGPI - slowly coming out of some consolidation between $7 and $8 over the past month or two, broke through $8 today, watching for it to hold this $8 level to support a move back towards highs

PDXC - and OTCBB nothing too special but has room to move if it decides to continue

NAVR cheap stock at resistance levels, if it can break through towards $2 this could see a multi day move on the reversal