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Posts Tagged ‘NYNY’

Recap: Monday Night Stock Scan for Tuesday the 24th of June

Tuesday, June 24th, 2008

From scan HERE.

MNKD consolidating a bit more today still worth the watch for the $3.20 break.

MNKD  Mannkind Corp - needs to hold $3 but can reverse towards $4 on a $3.20 break, volume returned a bit today - worth a watch

MNKD

MEA big correction today any dip out of open should be a safe long once it finds support out of open. It corrected a bit more than I thought but given the consolidation around $16 any dip under $16 I’d be looking for support to form.

MEA Metalico Inc - looking for a gap and potential squeeze towards $20, lots of consolidation around $16 so I’m not convinced on the short yet. In fact I’d watch for the consolidation just below $18 and buy back on the $18 break. More thoughts in chat if it comes into play.

MEA

NGA watching for the reversal - watch for it to test $8.50 then radar for reversal, if this heads back up it should blow through $9 given the consolidation at $8 for the past month.

NGA  North Amern Galvanzng & Ctng - volume spike today - will buy once a dip shows reversal. It’s been consolidating at $8 for nearly a month, downside semi limited in the near term in my opinion.

NGA

Failed to break $4 turned out to be a pretty good short towards the $3 range.

NYNY Empire Resorts Inc I will short this on failure to snap $4, if it gaps I may take a start position and add if it goes red.

NYNY

Monday Night Stock Scan for Tuesday the 24th of June

Tuesday, June 24th, 2008

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Other scan from tonight:

(MXC) Mexco Energy Corp (PDO) and Other Crazy Energy/Oil Plays
MNKD  Mannkind Corp - needs to hold $3 but can reverse towards $4 on a $3.20 break, volume returned a bit today - worth a watch
MNKD

MEA Metalico Inc - looking for a gap and potential squeeze towards $20, lots of consolidation around $16 so I’m not convinced on the short yet. In fact I’d watch for the consolidation just below $18 and buy back on the $18 break. More thoughts in chat if it comes into play.
MEA

NGA  North Amern Galvanzng & Ctng - volume spike today - will buy once a dip shows reversal. It’s been consolidating at $8 for nearly a month, downside semi limited in the near term in my opinion.
NGA

NYNY Empire Resorts Inc I will short this on failure to snap $4, if it gaps I may take a start position and add if it goes red.
NYNY

Keep an eye HERE on GSPG.OB - QMNM.OB these are GREAT intraday trades, QMNM the most liquid stock of the day!
From Scan last night, and then today GSI in play off our scan and hit the +$2 we expected - looking for a gap over $14 followed by a potential correct back towards $13.

From Today

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.

From Sunday Night

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.

GSI

Hot Stocks Breakout Stocks For Thursday the 15th of May

Wednesday, May 14th, 2008

ACXM - creating a bullish channel here, its been consolidating higher and higher. With a $12.50 break this should test $13+and may even squeeze to the $14 level if it breaks Aprils resistance.
ACXM

BHBC - two great days in a row, I’d watch for a gap and crap style here, if it test near $4 it will probably be a good short back down. I’ll be watching out of the open for any positive movement.
BHBC

CPSL - At prior resistance, from both March and April, if it breaks $4.50 this should be an easy long to $5-5.50. Also worth noting is the 4 million volume.
CPSL

HQS - nice dip today and squeezed back up (shows strength) $14 break should squeeze past $15. Watch for this one because any big squeeze can result in a nice correction back to the $13s.
HQS

HUSA - what a move from the $2s early this year, coming up on $8 dollars leaving some longs with 200-300%+ gains. Watch for the blow off soon on a short squeeze.
HUSA

NWY - Similar to HUSA above watching for a blow off towards $9-10 range.
NWY

NYNY we mentioned HERE. This has been a very bullish move and should squeeze shortly to $5+
Watch for a correction back to the mid 4’s after it test the $5 break.
NYNY

SMP - This seems fully controlled by longs, I wouldn’t look for the short yet, if it dips it may want to consolidate around $8 but probably good for 10+
SMP

UBET we mentioned HERE. I didn’t like it at first because of the lacking volume but today with over $1mil volume its a different story. This may test $2-2.50 after brief consolidation.
UBET
Keep a solid eye on previous scans if you are looking for plays - many of these stocks are becoming very volatile providing some good swings.

Recap: Break Out Stocks & Consoldiation Patterns for Friday the 9th

Sunday, May 11th, 2008

ATPG - ALMOST hit the $40 before correcting back to the $36 to $38 range, it played out perfectly as expected on the scan. This is a perfect example of what I’ve explained many times about a “gap and crap” You can view the scan HERE

I’d expect a small dip Monday before it starts to head back up since there was reasoning behind its move.

NYNY watch for it to test $3.50 again if it can’t break it it may need to consolidate around $2.85-$3.00.

PWAV watch for consolidation and support at $3.50.

UTEK watch for the break of $16, the squeeze and start watching for the short side of things. I wouldn’t do anything until there is a squeeze of .50 to 1.00 or more.

CTT this may correct back under $2.50 but there is too little volume for me to be watching it any longer, anything could change in an instant.. at that point you’re just throwing a dart because a move could happen on just one big buyer or one big seller.



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