Watchers for the 6-28-10 trading session

VYOG

I would like this to continue, hopefully immediately. More volume would also be nice. Nice chart, nice break out, etc.  Needs to stay above 3.70ish, though.

NTMG

Possibly being hard copied, this little incher that could may still have some life left in it. Likely gapper, +0.60 may be in the cards. Remember, many of these crash and burn in one day, erasing several days of slow and steady gains in mere minutes.

AXN

Another nifty chart. Nice volume on Friday. Closed on hod. If we can keep building up on that, it may have more upside. At least it might be momentum scalped out of the open.

SVA

We need to convincingly get above 5 with acceleration and volume to retest the old gap. This would be a good long if it does that, at least for a day or so. If it fails at 5, then a nice short is on tap.

AVNA

Short on over extension if it weakens. High wave upper shadow action may indicate stalling momentum.Always wait for it to falter, do not stand in front of the bus. These things can be irrational a lot longer than anyone thinks.


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