Recap: Hot Stocks on Watch for Wednesday August 13th
Wednesday, August 13th, 2008Please sign up for these nightly alerts of trade ideas for the following day! Sign up HERE to receive these blog’s once a night via e-mail and never miss a potential move again!
From last nights scan HERE.
APII couldn’t break yesterday’s highs great short today I agree with Tim could see $2.60-$2.80 easily, after that may carry some risk so you might as well take the profit.
APII - from scan watch last night, have to be careful with this one, extremely thin. Watch for the test of today’s highs out of open tomorrow, it will probably try to squeeze out of open watch for the .30-.50 cent spike shorts were an easy borrow all day - may test $4 but heavily monitoring this for the short
USS didn’t even jump out of open just fell straight down, this type of set up may gap down and squeeze back over $3, off radar for now.
USS watching for another short potential here, watch for the test of $4 if it falls I’ll probably jump on it back down .50 cents or towards $3.
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 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
MHGC tested/broke and fell back below $18, as far as odds in my favor, the move is over so I move on to the next.
From scan HERE.
You can’t win them all especially selling on Friday with a move like MHGC, but I could sleep well, realize next weeks a new week and come into Monday with no positions, missed another 6% today, I know a lot were playing this on Friday from some of the comments and more so the e-mails I received, so I hope everyone had a good profit opportunity there. I’d expect this to test $18 before slowing.
From scan HERE.
MHGC the stand out from scan! Did exceptionally well and nailed it on the break out. $15 needed to break and hold, the next test intraday was $15.50 where I expected an immediately squeeze towards $15.75 area. Well we got a lot more than that hitting $16.38! Although extremely strong into close and probably gap on Monday nothing is better than going into the weekend all cash, so that’s exactly what I did. You can see all comments HERE during the trading day regarding the buy/squeeze points and breakout.
From scan HERE.
MHGC this is probably a good buy on the $15 break - triple top and break will make it squeeze towards $16 probably good for a quick dollar or two.
The following two from scan HERE.
ISIS nearing in on the squeeze this should still have upside of $20+
ISIS I’ve attached two charts, $18 is VERY tough resistance its been over it once in the last year (the first chart is 6 months, the second is a year) if it breaks this should be a good play towards $20 plus and a worthy buy on the breakout
MVSN did exactly as anticipated, $17.15 breaks the double top and squeezes towards $18 in my opinion.
MVSN another chart of interest because of the double top coming up, if it can break this is a very bullish pattern, I wouldn’t chase the breakout though, this may want to consolidate around low to mid $16s before testing the breakout



