Stock Scan for Friday the 16th of May
Thursday, May 15th, 2008MVIS very nice consolidation around $3 for quite some time, as we wanted to see before any real move. If it cna break the $4.50 range this should be off to $5.50-6
NCOC - Great move great volume watching for this to test $8 before taking on any short position. With the volume this very well may go a bit higher.
KUN - Very volatile today should follow through tomorrow. If it fails to brea k$6 this should head back to $5.
PDO - extreme short squeezer I don’t expect it to go too much higher but this is shorts getting screwed…. this may gap up again tomorrow and continue I don’t expect it to lose all gains but it may lose $1 to $2 before the longs gain control once again.
MXC another crazy squeeze - looking at a 3 to 4 year chart you can see where the resistance is…
The previous to are almost as ridiculous as CTTY’s squeeze back in the day (shown below)
TSEM - after QTWW’s success coming from the $1’s this may gain some traction and head towards $2 it should conolidate around this level first but it may have found bottom for a while
DRYS from last nights scan up nearly 8% (or over $7.00 dollars) today and another $2.00 after hours
HQS from last nights scan looks like its going to squeeze past $15, if it doesn’t watch for the short, but the markets moves have been sustaining lately so I would expect a nice move still



