PCYC
Seems to be stalling out but keeps testing the 5 level. If it can push through on strong volume, I look to buy. I also will short failed tests of that resistance level, if it shows price action indicating real downside lies ahead, as the last 2 session failures to break out over 5 have seen minimal pullbacks as opposed to real correction.
APPA
A previous recent high of 1.85 was taken out today on some volume, I first look to see if more upside exists. If it goes below that level, less likely, the failed breakout continuation will probably yield shorting chances.
BLGW
This pumper just keeps rolling, it is going to be a dandy short if you can find shares. I am afraid of longs this late in the party, so shorting is the only real option. It has gone up like 9 sessions straight, so it should pop soon. Stocks under 1.00 are harder to trade for several reasons, keep that in mind, even if shorting fraud.
TSHO
This scummy walking press kit had a conference call today, failed to really move the prices far, and the volume is fading on green days, so it might dive decently tomorrow or Friday. Short if you can find borrows on any cracks in the dam. Beware of re-pumping price inflation with promos ahead of the 2-22-10 product launch of their Spongetech-esque Squeegee gimmick. They seem to be sending spam and hired guns to blogs and chatrooms to explain how "real" the company is and why you should be long and investing long term!
CRWG
The party continues. I will not fight the tape, but how much more can this run in a row? I will short any serious weakness tomorrow or Friday, and I suspect it will happen before Monday. IL disagrees, it is a free country!
HEK
Yes it's a NYSE stock. That said, it took out 5.45 which had been a band of resistance since January. Worth watching for further upside. I am not inclined to short any modest pullback, but will watch for a cheaper entry long just above 5.45 if it holds as new support.
JYHW
A re-pump with an alleged snail mail enhancement, fast approaches the highs of the previous crash, @ 2.15 ish. Anyone still holding and hoping, assuming anyone is that crazy, will be anxious to sell at or near that double top. This cannot keep going up forever, so I am watching it for a short on weakness, too late for long.
LTUM
Lebed soiled garbage that has been pumped before. This go-round is sitting nearly on its top @ 1.25, but remember that new hype & fools, not support & resistance lines, dominate these scummy traps. That said, it could fall as early as tomorrow, maybe even right out of the gate. I love the 6 month chart on this puppy! No, I will not be long even if it takes out 1.30.
CNWI
Another former promotion that seems to be running out of gas. Despite heavy spamming, it only rose 8% today. I look to short any breakdown and will not risk a long. Another negative: it's less than a buck a share.
GNXP
Despite closing above 1.10 on green, the volume is anemic. Shortable on any real weakness, but there are better plays to watch tommorow. Snail mailer rumoured to be out. Long is not even a serious suggestion.
NFP
Took out multi-month resistance range in the high 9s, hello 10s. NYSE stock looks to continue breakout on strong volume. Conference call must have excited investors. I doubt I would try to short any downside. 52s!
LIOX
Earnings winner looking to continue breakout upside, fast approaching 52s. Not a short. Runaway Gap Up.
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