Stocks: CTT CNC VSCI WMG RGN UTEK AOB UBET SSBX AAPL

AAPL tested back to $178-180 as we thought tomorrow may still want to knock out a few more stop losses. This dips are healthy it allows the stock to consolidate at a much higher level than last month gaining a new bottom for the next move higher. This may want to test a few stop losses and shake out the weak down to high $170s ($175+)

VSCI from breakout scan many times, tomorrow is the big test of $6 (first attempt). This has been very well supported throughout the week, it’s not a quick move in just one day its been slow throughout the day as well, dips continually bought out. Watch for a spike over $6.

SSBX bounce watch currently $2.23 watch for any dips out of open and this may turn into a .50 to .75 bounce.

CTT - Watching for the $2.50 break this is turning into quite the sustained move, I thought it would correct around $2.00’s but keeps taking out new highs on this run. Watch for a quick squeeze over $2.50 and then I will start thinking about the short side

CNC - Watching for a $19.50 break otherwise this may head back to $16-17s over the next two weeks

WMG - We’ve discussed this one quite a bit - it has finally snapped $9.00 but unable to get a good squeeze going watch for a sell off down to $8 if it can’t gain any momentum on a $9.15 break

UTEK - Very bullish move but beginning to be on the back end of the move… will start watching here for any sign of weakness to ride it back to $13

UBET - Doubler, always on watch to see if there’s any follow through

AOB - Nice +2 spiker today, $12 gap is potential - currently at its last resistance

VIT - breakout out, watching for a gap and run to potentially short on, on a slight correction but this could be a major move beginning

IAR from scan today broke through the days highs at $4.60. It appeared very strong into close. This should be in play and test $5 tomorrow. This is the biggest volume days in months, and first reversal in about 6 months, so this way have some legs…

WSCI if you played it, great job on the bounce. The easy parts over… on the $13 break it moved to $14.15 and ended +1.13 on the day. This may gap and consolidate tomorrow but IMO, the easy parts over. On a $14.15 break this may test $14.50-$15, otherwise it will probably consolidate around $13.50 and not be worth the trade.

JRJC up $2.00 today, that’s why its so important to watch for the consolidation at higher levels and breakouts above previous resistance. This stock should test $25 IMO.

WMG on the verge of breakout
BONT stuck under $10, break = squeeze, fails to break = short
HA down a buck today unable to break towards new highs
All charts viewable HERE

AAPL on the verge of a +5.00 day or a correction back to $178-180

MA made it to $300!
MMR finally made it to $30

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.

GST - great move off months of consolidation in the $1.25-1.40 level, this can support a move towards $2+ before higher consolidation around the $2 level.

The next four stocks are BORDER LINE BREAKOUT

WMG - Watching here for a $9 break it’s been consolidating just south of it for just over a week now.

BONT - has had about four days of consolidation, two days ago sold off to the high 7’s and recovered right back to its highs. Todays break was unsuccessful but the next attempt may break turning this into a multi day move.

STEC - Consolidating just above $9 - watch for a breakout above todays high around the $9.40 level. If it doesn’t it the next few days it may want to test the $9 level a few more times. More INFO.

HA - borderline breakout this may squeeze above $8 - watching for this breakout because this will turn into a multi day short in my opinion.