Watchers for the 5-3-10 trading session

ANTS

Still looking for a profit taking day weakness cue to short into.

FSNR

Not ideal volume, but looking more over extended every day it continues to climb. Fade on any weakening.

CSNT

Very strong bank stock recently that is quite oversold, and looking to bounce. Do not enter long unless it shows early strength, preferably right from the gun, spiking, even! Plan on being prepared to scalp this.

VIVK

PSC pumper up over 100% on Friday. Either this spikes out the gate, or the pump dumps on Monday. Some promoters are so rude they cut fish bait at really unexpected times, so be careful if long, or wait to short.

CCWF EPDS DPDW

I'm not sure if any of these things are really "pumpish" charts in the making, but what do you think? Watch! 

LEI

Still looking to fade this run-up on profit taking. As usual, do not enter without a valid cue signal to go short.

DDIC

Very strong Friday, this could have more life left in it long, or be a fade play on profit taking, red to green, etc.

FTBK

It does not look like it go any lower, but having been shut down by regulators, sold to Union Bank, this might keep reddening, at least initially. Watch from the bell for a sign of more uncertainty or an optimistic bounce.

QCOR

FDA panel review May 6. Investor's ran this up Friday. That optimism may continue Monday, but it topped out near December 2008 highs @ 9.81 The question is, do they sell it off there as the decision looms?

OMNI

Plenty of bullish momentum and volume the past two sessions. That may continue on another test of 3.50+ and 4, having faded at 3.95 on April 29. Early strength would be nice as a sign of things to come for longs.

SPRT

Another strong stock on Friday, this may continue to advance. Possible modest gap down red to green entry. Stalled at 4.50, it may retest that and try for more.


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