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Posts Tagged ‘IDEV’

Stock Scans For Tuesday the 19th of August

Monday, August 18th, 2008

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FMD - largest percentage gainer today, of course its going to make the list, broke past previous highs watching for support to kick in after testing back under $5, might continue to squeeze towards $6, if it comes out extremely strong I’m watching for .50-$1.00 spike to short on but don’t marry it, take the profits when you have them as it can easily squeeze back like NOBL did

NOBL border line breakout, held $4.90-$5.00 support we were looking for, this is a possible buy on the $6 break, possible upside of $1-2 from here if it squeezes, if you go back to THESE comments alone, no one really believed NOBL would hold it’s gains, so that may be the same boat many are in and are about to get squeezed… we’ll see.

VASC $9 break could carry out a squeeze, towards $10, I’m watching more for the parabolic action to short on, which should happen soon given a $.75-$1.00 spike

RHD I like this for a bottom reversal with a stop at $2, volume returned today if it can hold $2 start position is probably good, followed by an add on the previous top.

IDEV looking good still holding the previous two days gains - from scan HERE

After long consolidation this is starting to head off the bottom, it’s pharma play but starting to reverse “Indevus says bladder treatment gets US patent” can carry it, watch for support at $2, take a look at the 6 month chart and you’ll see why I’m interested, this dropped fast from $6 range on nearly 50 million + volume, so even if 10% of the volume comes back this could result in a nice squeeze towards $3+

TSYS finally after monitoring it for three consecutive days it longs give in and allow it to slip $1 on the downside. As mentioned in the last scan HERE “short back towards $7″ we are here, time to take profits and move on

TSYS volume steady, $8 needs to hold, if it can’t watch for the short back towards $7, if it squeezes out of open and fails $8.25 (today’s highs) I’ll take a starter position on the short side.

TSYS monitoring like crazy tomorrow, still bullish, it had a nice dip today but fully recovered which is a bullish sign and could cause a squeeze. I will post more tomorrow regarding this because I’ll probably trade it on weakness.

TSYS gapped up, held all gains today, would like to see the test nearing $8 once this shows weakness this may be a nice one back towards $6.75 or so

Hot Stock Scan for Friday the 15th of August

Thursday, August 14th, 2008

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OMRI returned $2 off the $20 break as anticipated, worth taking profits at these levels in my opinion risk/reward - From scan below HERE.

OMRI nearly a dollar of upside after the break of $20! This should gap test over $21 tomorrow in my opninon.

OMRI $20 break should suqeeze after some very nice consolidation within the past month, upside potential $1.50-2 on the break in my opinion.

TSYS volume steady, $8 needs to hold, if it can’t watch for the short back towards $7, if it squeezes out of open and fails $8.25 (today’s highs) I’ll take a starter position on the short side.

TSYS monitoring like crazy tomorrow, still bullish, it had a nice dip today but fully recovered which is a bullish sign and could cause a squeeze. I will post more tomorrow regarding this because I’ll probably trade it on weakness.

TSYS gapped up, held all gains today, would like to see the test nearing $8 once this shows weakness this may be a nice one back towards $6.75 or so

UPFC monitoring heavily for the short, watch for any gap and squeeze out of open, the spike probably a result of a decent quarter (I didn’t read it) but I’ll take my chances that 56% gains on Chief Credit Officer news is just momentum and a squeeze and won’t last. Hopefully it gives a .50 spike out of open to have better returns on the downside but if it can’t hold $4 its a safe bet.

After long consolidation this is starting to head off the bottom, it’s pharma play but starting to reverse “Indevus says bladder treatment gets US patent” can carry it, watch for support at $2, take a look at the 6 month chart and you’ll see why I’m interested, this dropped fast from $6 range on nearly 50 million + volume, so even if 10% of the volume comes back this could result in a nice squeeze towards $3+

UDW let the momentum and happiness subside, let it test $.30-$.35 and we’ll see where it ends up. It’s probably going to be a tough borrow, more so than a short I might watch for the bounce after it sells off for a day or two, if the third day starts off with a dip, I’ll take the chance and load up.

ABK with the recent momentum may test $6 but I doubt it breaks it, it’s up a lot after hours, watch for the test if it fails it should head back down from there, if it opens near where it after hours ($5.20) watch for it to lose $5 to short

Two plays below (MBI) and (RDN) are turning into some exceptional plays. MBI which I had originally covered HERE which I was so dead on I had to devote a post to just that, “Things that make you go Hmmmmmph” HERE held it’s $8 and squeezed past $10 today. This is a slow and gradual move and can test $12 before showing signs of weakness in my opinion.

MBI looks like a good reversal coming off the bottom, I’d watch for dips back towards the low 7’s, once support kicks in probably pick up a few for the test of $8, on the $8 break I’d probably add to it

RDN has held all gains basing again at $2.00 and is nearing in on a double. This should test $4 tomorrow if it can break past it with a bit of momentum it should squeeze, I’m looking to short on the squeeze but there is enough volume that I’ll wait for the weakness to kick in and join after.

RDN - 46% gains on Friday, this has been liquid since hitting bottom trading many times on average over 10 million shares. This could turn into a major short squeeze if it can hold Friday’s gains Monday.



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