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Posts Tagged ‘SMP’

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.



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