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Posts Tagged ‘PTEK’

Wednesday Night Scan for Thursday the 5th of June

Wednesday, June 4th, 2008

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
PTEK

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
SAI

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
CYCL

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
ILA

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
HIMX

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
STKL



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