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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.

Can’t believe this penny stock has held ALL its gains, and that’s why I’m highlighting it. Normally as I mentioned in this post I am not a sub penny player, but ever since they became increasingly liquid over the past month they’ve got me monitoring. GSPG amazingly enough has held higher highs and higher lows for the past 6 months come up from micro penny level which is pretty much unheard of unless you go back to the QBID days four or five summers ago, or USXP of two summers ago.

At any rate -heres the chart:

Watch for dips the next few days where it may be a good flip towards the .05 break. I’m sure a lot of longs are sticking in with a psychological price point in mind of .05 for the big test, once it breaks that I’m sure they’ll all be jumping on a dime. This shareholder base is ridiculously large given the float so anythings possible.

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ABK watch for this to lose $5 and continue selling pressure downward - after all longs have been given 5x their return off the 52 week low, keep that in mind

RDN amongst other financial stocks beginning to show some weakness (obviously FNM and FRE to thank for that)

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RAMR up about 100% from lows watching for a gap and weakness, this may have another full day in it towards $2.50 similar to SCA which we nailed Friday! Keep an eye on it, I’ll have more thoughts tomorrow once theres a chance to see it played out.

ABK 76 million shares does not go unnoticed, this is a perfect day trading stock for those who like flipping. It’s a cheap sub 5 dollar stock that is trading nearly 100 million shares. Although most of the day Friday it was heavily supported (higher highs and higher lows) but I expected Monday to have more more .20-.40 cent channels due to long/short battles after the 50% gains Friday

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 - 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.
STEC

From scan on Friday some are still in play:
SCA a nice short on Friday closed weak it may gap and sell off more into tomorrow…
STEC a nice bottom reversal as it holds $10
STAA a nice breakout

You can view those scans HERE.