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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.

SCA 200% gainer in the past few days, its probably a good idea to get borrows early at a higher prices in case they are hard to come by once everyone senses the weakness. If it’s a gradual move up tomorrow I ptobably won’t take on a short position until theres an accelerated move or a breakdown is confirmed

BRKR up over 15% today, watch for continuation over $14 out of the open, if it fails to break theres probably a good .50-$1.00 downside, but I’d expect a bit of continuation

Watching for a move to $6.50+ before potential weakness comes in

TWP - watching for a gap and crap tomorrow

Bottom Reversal

STEC As long as $10 breaks/houlds this may head back to $12-14 short term.

STAA breakout watch here very nice chart setting up

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

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…

BONT and HA led the scan with breakouts from their consolidation patterns. BONT had a great day up just over 11% (or .99 on the day) appears like it may test $10 here. HA also was up 6% (or .50 cents). WMG headed towards $9 again but unable to break $8.88. It still appears strong but may want to test $8 to 8.25’s not realy worth the short IMO unless it spikes much higher. Still only on breakout watch ($9 being the breakout point). STEC consolidating still topped off at $9.40 ($9.39 the day before). This is becoming the point to watch, if it doesn’t break in the next few days it may test $8, if it does break it may head towards $11-12 not just $10. But either way I don’t like STEC or WMG for shorts.