Friday, April 23, 2010

Watchers for the 4-23-10 trading session

IBCP

Supernovae scan. Already faded a lot which makes it less promising as a short, but be ready if it beckons.

ANTF

Same as above. This is itching for some profits to be taken, short on weakness cues.

GRPR

First red day, but not by much. This still has potential downside to short into on any of the usual entry cues.

BGBR

Quite a wild ride back up, this is on watch for more craziness. Hard to be sure if it keeps recovering or dumps, but I am looking for shares on the inevitable 3rd dump session soon in the cards. This article does not help:
http://www.forbes.com/2010/04/22/pump-and-dump-personal-finance-gold-mining.html
What is it about shady dealings and Scottsdale Arizona? Maybe it is something in the water...

Today spammers are hitting hard PWRM, GSPT, MCGI and I am watching them now but am unbiased.

Two "pumpish" charts for tomorrow are RXAC (unclear) and TUFF, which is being touted by stockguru.com

CLRH

Dead pump bounce long scalp?

NXWI

This is on short watch again, look for shares and wait for an entry cue.

ABWTQ

This could reach 0.50+ but after spiking early a fade may ensure. At any rate some short is soon in the cards.

ROHI

Still on short watch for a decent red candle day hint with an entry cue that leaps off the chart.

MHGC BANR NENG PCBC

I am watching these for further momentum up, in general, in the coming several days. No specific instructions.

FNBN RVSB CADE

Ditto for these bank/financial stocks, a hot ticket item lately.

PIR

Still has upward potential if it can power past 9.80 on volume to extend its run.

GLW

This is a nice cup with handle play in the making, with well defined features. I like it long on volume and acceleration if the price can take and hold 20.80 to 20.85 which may be helped by an up market session.


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