Watchlist 03/23/11

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CHGS (China GengSheng Minerals, Inc.) posted huge gains off of Molycorps earnings. Look for this to hit 3.50 then pullback.

LEI (Lucas Energy, Inc.) had a huge day as well. Look for this to test 4.25 or even 4.50 since it closed at the high. Good day trade either way.

SGMS (Scientific Games Corp.) closed near support and looks like it has more downside. Look for continuation to the downside with a move below 8.47 on volume. This is the fourth time this is testing this support and it may give it up here.

Watchlist 03/21/11

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WTSLA (The Wet Seal, Inc.) posted a big loss on Friday and closed at the lod. Look for more downside pressure to 3.20 with a bounce to test the 200sma again.

UXG (U.S. Gold Corporation) had a nice positive day and is trading at the 20sma. This has lots of upside potential. Technically it has room to trade above the 20sma and tag the upper bollinger again since the 200sma is rising and the trend is in our favor. With war and issues ooming overseas, gold has been a haven. Look for a move above 7.51.

USU (USEC Inc.) watch for a breakout above 4.70. This needs to fill the gap above 5. With more positive news out of Japan this could continue to run.

MITI (Micromet Inc.) is a must watch as this is reaching oversold levels. It has more downside, but may begin to post dojis.

CIGX (Star Scientific, Inc.) looks like tweezer tops here. Look for another push to recent highs with dipping to follow. Could see 4 possibly.

BKS (Barnes & Noble, Inc.) look for a reversal signal as this needs to find a bottom soon.

Watchlist 03/18/11 Review

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HA (Hawaiian Holdings, Inc.) had support hold at 6.05 and ran to 6.27. A day trader could have gained over 3% on the move.

CBEH (China Integrated Energy, Inc.) as predicted tested the 3.50 low recently posted and traded at 3.57. It traded as high as 3.90 following the low move. A trade near 3.60 would have gained a day traded nearly 10%!!!

FUQI (Fuqi International, Inc.) only tested 3.19 near the open but then moved to the high of the day at 3.52 right afterwards. An entry above the previous days close at 3.30 would have made over a 5% gain!!!

FTK (Flotek Industries, Inc.) made a move to 7.10 but never dipped significantly after that. A short entry below the previous day's close would have gained a little over 2%. Note there is more downside to this chart though.

CPE (Callon Petroleum Company) never made any significant move. No play here.

Watchlist 03/14/11 Review

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CIGX (Star Scientific, Inc.) had a big gap up and ran to 3.80+. The following session it gapped down. A short at 3.50 would have netted over 15%!!!

BWEN (Broadwind Energy Inc.) gapped up big on Monday and would not have been in play except for day trading.

HIRU (Hiru Corp.) never went anywhere and was a big loser. It was never in play as it never traded above the .0025 level.

CSIQ (Canadian Solar Inc.) ran well above 11.05 to hit 12 on Tuesday. That is a 9% gain!!!

CISG (CNinsure Inc.) was a loser, getting dragged down by market pressure. The stop loss was below the previous friday's open.

MOTR (Motricity, Inc) was in play at 12.61, the move above the previous friday's close. It ran to 13.60 which was a gain of 7%!!!

Watchlist 03/18/11

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HA (Hawaiian Holdings, Inc.) posted a big loss today. It closed near its low and looks like it has more downside. Also trading outside bollinger bands. Indicators show more downside. Support levels are at 6, 5.75 and 5.50. Look for this to dip to 5.75 and then bounce for a possible day trade.

CBEH (China Integrated Energy, Inc.) posted some big losses the last two trading days. Indicators show oversold levels which may reverse or base and it is trading significantly outside bollinger bands. Look for a retest of the 3.50 low and a possible bounce for a day trade.

FUQI (Fuqi International, Inc.) to test low of 3 and bounce. It is trading outside bollinger bands and had indicators looking oversold and about to base or reverse. This is a possible day trade.

FTK (Flotek Industries, Inc.) posted a huge gain today. Look for this to continue its run and test 7.15 maybe even 7.50. With Libya issues Oil is in play for day traders. Look for spikes. Great for day trading.

CPE (Callon Petroleum Company) another oil play that popped today. May continue on Libya news, but they also had news of a director change which may affect this play so caution is advised. Watch for a quick push to 8 or on a gap up, look for 8.70. Another day trade thanks to choppy market.

Watchlist 03/14/11

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CIGX (Star Scientific, Inc.) looks overbought right now. It is p on patent news, but can still be a good play for a short sale. Will look signs for reversal off highs. 3.00 was resistance on bullish friday, but this may break 3 today on momo and push to 3.50 or so before reversing. Look for signs of toppishness.

BWEN (Broadwind Energy Inc.) looks oversold here. Played this earlier for a loss trying to pick the bottom after it posted harami cross. Look for slight dip and run above previous close.

HIRU (Hiru Corp.) dipped and closed below the .0025 level. It is being pumped and may bounce here. However it dipped in a strong market and is a penny stock so caution is advised.

CSIQ (Canadian Solar Inc.) dipped below 10.80 but then bounced to close at 11.05 posting a bullish hammer. It still needs to snap back within the bollinger bands and needs to fill the gap. More upside potential here.

CISG (CNinsure Inc.) looks like it has more upside. Look for a big volume move above the previous close. Be wary of gaps up.

MOTR (Motricity, Inc) still looks oversold. Look for a move above previous day's high.

Watchlist 03/11/11 Review

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HIRU (Hiru Corp.) dipped and closed below the .0025 level. It is being pumped and may bounce here. However it dipped in a strong market and is a penny stock so caution is advised.

CSIQ (Canadian Solar Inc.) dipped below 10.80 but then bounced to close at 11.05 posting a bullish hammer. It still needs to snap back within the bollinger bands and needs to fill the gap. More upside potential here.

NAK (Northern Dynasty Minerals Ltd.) this gapped down but made a bullish move to close at 15.41. The entry was a move above the previous days close at 14.50, a gain for about 5%!!!

AXTI (AXT Inc.) opened at 5.85 and closed at 6.25 for a gain of 6%!!!

BSDM (BSD Medical Corporation) pulled back to 3.60. An entry at 3.65 with a close at 3.94 which was over a 7% gain!!! This looks like it has more upside.

CISG (CNinsure Inc.) had an entry above the previous close of 14.20. It had a high of 14.80 which was a 4% gain!!! This has more upside though.

MOTR (Motricity, Inc) dipped way below 12.05. An entry at 12.05 with an exit near the high of the day of 12.83 was a 6% gain!!! This may have more upside but caution is advised.

Watchlist 03/11/11

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HIRU (Hiru Corp.) being pumped and had support level hold during this shitty market. Watch for a run tomorrow as market may try to rally unless Saudis go fucking nuts. A break below .0025 is bearish.

CSIQ (Canadian Solar Inc.) posted negative earnings and tanked. Stock closed near its low of 11.21 which shows bear strength. Look for more downside followed by a strong bounce. A dip to 10.80 is possible.

NAK (Northern Dynasty Minerals Ltd.) posted a large decline today on high volume. It is trading significantly outside the bollinger bands and a snap back should commence. This is a gold play and with market uncertainty, gold may become stronger again. A strong support also held around 14.50. Watch for a move above the close.

AXTI (AXT Inc.) posted an 8% loss on no news. Look for a bounce back as it is oversold on all indicators. Watch for a dip below 5.72 as a stop. Stock could run to 6.15.

BSDM (BSD Medical Corporation) posted a large red candle and is trading outside the lower bollinger. Look for a snap back after a possible dip to 3.65. Indicators are oversold with slight room for more downside.

CISG (CNinsure Inc.) is like above. Trading outside the bollinger, however it posted a new low. Look for reversals.

MOTR (Motricity, Inc) can dip to 12.05 before bouncing back. Watch.

Watchlist 02/28/2011 Review

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DPTR (Delta Petroleum Corp.) never came into play due to the gap up. It had some serious swings during the week making it viable for other plays, both long or short.

ICO (International Coal Group, Inc.) had it's run at the end of the week. It would have been a 6% gainer from the break above 10!!!

EROC (Eagle Rock Energy Partners,L.P,) did touch the upper bollinger band again, but didn't have a significant move to the downside. It hit 9.50 and then sent sideways from there. Pretty boring play overall.

GLDD (Great Lakes Dredge & Dock Corporation) was never in play since the bearish engulfing was not confirmed. Conversely, this had a significant run to the upside during the week.

UTA (Universal Travel Group) dipped below the 50sma on the first day and then opened below the 50sma on the second day. Therefore this stock also was not in play for the week.