Sign up NOW for our award winning newsletter!  
 

Posts Tagged ‘MESA’

STEC broke out on earnings, MESA back to where we thought!

Monday, May 5th, 2008

STEC on breakout scan jumped on strong Q1 and upbeat guidance. You can read more about that HERE.
STEC
Other STEC blogs HERE.

MESA behaved how I figured, it spiked Friday giving a great short opportunity to anyone who read… and back under $1.00 it goes - this may head all the way back to high 80s before it consolidates…
MESA

Thursday Nights Scan for May 2nd

Friday, May 2nd, 2008

JRJC - This is why its important to be a trader and not make stupid bets! After a brief correction towards $18 back on track and broke WAY past the $21 I anticipated for the bounce. This is definitely in squeeze mode and may play towards $25! This is why pullbacks are healthy because it locks in new longs and those who don’t just play the healthy corrections and cover get squeezed. $22 is a BIG break, that will push it past prior highs, it should gap over this resistance.
Some other blogs HERE HERE and HERE.

WSCI - I’m watching for bounce here at $13.63. This had a low of $13.02. This is definitely one to radar. If it sells off out of open, watch it like a hawk. This can do what FEED did today, sell off .50-1.00 more knock out any other stop losses (force people to panic sell) before recovering towards the upside. Also similar to what we saw above in JRJC, and squeeze right up past prior resistance.
WSCI

Many of Wednesday breakout stocks are still on scan: VIEW HERE

If UTEK can’t hold $14 this will be good for $1-1.50 downside IMO. It squeezed at the close today watch for a gap and crap. If it can’t break $14.50 radar it for the short back to $13.
UTEK

CNC - it’s attempted to break $19 twice, both unsuccessful, watch for the third attempt, if it doesn’t again, third times the charm see you at $16-17. IT HAS however corrected and recovered quickly from Tuesdays dip to the mid $17s (this is a sign of strength -bulls are still in control) so I’d like to see the bulls win, have this surpass $20 and then think about the short!
CNC

MESA - watch for this one to break over $1.00 it may squeeze from there but the more it squeezes the better because this will more than likely end up back in sub dollar range once it passes. Even with the recent settlement.
MESA



TIMlinks Visit my profile on FeedTheBull.com