Stock Watch - 6 Stocks To Watch For 2-9-2015

Great and Interesting week ahead, here are the stocks I found with potential. 

EXXI -  (Energy XXI Ltd) -

Summary - Engaged in the acquisition, exploration, development, production, and operation of oil and natural gas.

Float - 80.28M

Short Interest - 29.76M 32.6% of the float as of Jan,16

Recent news - Reports Q2 Earnings Feb 9th 

With the short interest, rising oil prices, and earnings, this stock could be great fast mover.

Quick Chart analysis - Coming off the bottom, forming small triangle breakout formation, would like to see it punch through 4/share with big volume. No big resistance till 5/share which was back in 2008, stock has been beatin up pretty badly.

Watch List - Scans for 2/2/2015

Stocks to watch for Monday Feb 2nd 2015

With the bounce in Oil prices Friday, really blew up my scans in the Energy market. If it continues, the Energy stocks will be great trades.

GENE - I expect this stock to continue lower in the long run. It may have a bounce and surge higher if this stock still has gas to squeeze shorts. But with a large spike always has a nice fade which could be good to short into if you can find shares.

First Buy-In to Vanguards ETF VYM

Based on my portfolio building I outlined Here, I bought into VYM at $67.13 / share on 1-14-2015.

I think I got in at a good starting price, and to be honest I hope it goes down further so I can pick up more shares.

As you can see since I bought in it has increased in value, although great on my entry I still would like to build more of a position before it really gets to high.

First Buy-In to Vanguards ETF BIV

Based on my portfolio building I outlined Here, I bought into BIV at 85.76 / share on 1-9-2015.

I think I got in at a good starting price, and to be honest I hope it goes down further so I can pick up more shares.

As you can see since I bought in it has increased in value, although great on my entry I still would like to build more of a position before it really gets to high.

First Buy-In to Vanguards ETF VEU

Based on my portfolio building I outlined Here, I bought into VEU at 45.67 / share on 1-6-2015.

I think I got in at a good starting price, and to be honest I hope it goes down further so I can pick up more shares.

As you can see since I bought in it has increased in value, although great on my entry I still would like to build more of a position before it really gets to high.

Week Of July 4th setups

July 4th is already here and summer is in full effect, anyone else notice how hard its been to trade this market?

This will be a quick post on setups I will be paying attention to this week. Keep in mind this is a short trading week, the market will be open July 3rd until 1pm and closed July 4th. Not looking for much action this coming week as everyone will be vacationing.

Friday watch list and trade setups.

Lets take a look at what we got for Friday (6/28/2013).

AAPL - 

Apple grinding lower and lower towards that 385.10 area. I hope we see a test soon, as that could be a nice buying point. Just look at at all that red. lol

GOOG - 
Google, once again came up and tested that trend line and bounced right off and faded the rest of the day. Still could see a test of that 50sma right around 863. If not I need to see it break above the trend line and hold to see further upside.

Trade setups for this week (SPX, AAPL, GOOG, CMG, VPCO)

Hello Traders,

 Looking forward to this next week's trading setups. Check below for me detail.

 SPX - 

The spx has moved its way out of the up trend and broke below 1600, we could see more selling pressure to the down side with support being in the 1550 area where we spent a lot of time in that range.

AAPL - 

Apple's huge down move the past 3 days has lead to put profits! On the other hand could we be setting up for a short term bounce? With the overall markets week at the moment and heavy selling we could also see a short term bounce with short covering mixed in. Above is apple Friday intraday chart. As you can see it formed a nice wedge pattern with increasing buy volume end of day. If we get a gap up and move we could see 418 test which I will look for calls on that move. On the other hand if Apple gaps down and holds, we could still see an apple blood bath and see further down side, which puts will be in play. Just watch and see.

Trade Ideas and setups for the week

Whats up Traders! Check out my trade Ideas and setups.

GOOG-
Had a great day today, I tweeted out this morning (Follow here) That GOOG had a nice breakout with nice volume and needed to break above the first 15min closing bar to continue its run and if so my target would bee 900. Well it hit and exceeded that target by $1 at the end of the day.  Now that GOOG had its pull back and now breaking out once again could a new all time high be in place?..

Some Thoughts About Apple (AAPL)

Quick Thoughts on Apple (AAPL)

AAPL has been on its downtrend for quit sometime now. If you notice on the chart it had a very hard time getting to that 450 level, which it never had a green close above it and signed more downward pressure. Also if you look at the light blue line which represents the 50dma which sits at 434.95 and has come up and hit and sold off the pas 3 days now. I have not traded AAPL in a few days as the swings and pins have been eating up the options players. I am looking for a break below 428ish level to test the 420 level fast. I have a bearish bias towards AAPL until it gets above the 450 price then that might change. In short I will be looking at buying some puts for the 428ish crack which IMO will be the day it cracks way lower and test the 420 area. 

Delcath systems (DCTH)

Hello Traders,

Delcath Systems, Inc. (DCTH) Trade.

What a day in the markets today. I only took one trade today which was DCTH on the breakout continuation. The morning volume was great, with follow threw to a High of Day at .62. I bought into the breakout in the am at .55 and wanted to hold this for a swing trade to fill the gap to .75. I was in the profit zone for the morning session but the selling continued as it may be assumed that bag holders were selling into strength. I was stopped out on this trade today not thinking it would break below the breakout point of .50 but it happens. At the least we know that scalping would have been the better strategy or selling the morning gap. I was right about the breakout with heavy volume so if you were quick you could have made a nice profit in the am.

One could argue that DCTH did make a higher high and a higher low today, still a bullish sign.

The action I did not like was that it broke that key .50 level and held below it with a close of .4906.
This play still can be intact just will wait to find out.

Trade Idea for 6/17/13

Delcath Systems, Inc. (DCTH)

Looking at the chart, it broke above previous resistance above .50 after numerous attempts.
Looks like it wants to fill the gap to .75 as a short term fill. 8.3% of the float is short, as the float is only 89million shares. With pressure building and the break above .50 this could fill quickly. A quick Fundamental glance looks pretty healthy, although its going threw some litigation right now with rumors of buy out floating around. Key Statistics Recent Headlines

Stock Watch 3-1-2010

Stock Watch 3-1-2010

Got a nice 9 stock watch list. Mostly comprised of breakouts which are my favorite. ISSI was my trade last week check out my summary here.

MCG Capital Corporation (MCGC) – MCG Capital Corporation is a private equity firm specializing in investments in middle market companies. This stock got a nice spike on Friday on speculation of future earnings. The best part is that it is a technical break out at $5/share and has volume behind it to propel it forward and spike good. Potential buy for quick gains on Monday, will watch the action in pre market to see where it might go.

China Armco Metals, Inc. (CNAM) – This stock got a 16% spike on Friday from an announcement that they received a line of credit from ING bank for 15million dollars to Expand Its Distribution Business in 2010. It is in the technical break out range right now, no telling if this could keep going or if this is an opportunity to sell into it. I will watch this to see if volume picks up and price action leans towards a higher breakout, potential buy for a swing trade if it does.

Atlas Pipeline Holdings LP (AHD) – This stock gained 14% on Friday on speculation of 2010 earnings as well as speculation of a 34% growth in shale reserve in the Appalachian region. I did trade this stock not to long ago in an intisipation of a breakout. The breakout failed and I was stopped out, I took a tiny 2% loss in the initial investment which was no big deal. With this news release it will test that breakout out point once again at $7ish/share. I will watch to see if it can break it and hold, only then will I try it once more for a breakout that could potential run big!

Magellan Petroleum Corporation (MPET) – Got a gap up in Friday with a 13% gain putting this in a technical breakout range. The only problem is I have not found the cause or reason for such a spike in price, no news, no P/R’s, and not even any stock promotion. This causes some suspicion for me. On the other hand since this is a technical breakout it could be a potential buy for a quick day possible swing trade. Although I must find out why it is spiking so much in the first place before I get in so I can calibrate what type of trade it is and how to play it. With this in mind sitting on the sidelines wont be a bad idea until the time is right.

Wave Systems Corp. (WAVX) – This stock has just been on a huge momentum move, almost defined as going parabolic with nothing but green days and no pullbacks yet. This is technically breaking out from $3/share. I can see this running a few more days, this would be a good opportunity to short into this spike as I missed the breakout. Will look to short on the first sell day for a quick gain if it happens.

Interpublic Grp Cos (IPG) – Is right on the cusp of a breakout at $7.50/share. It was up 11% on Friday from financial news as well as the hype around advertising spending increasing. If this stock can break threw it could spike if the price action is right. Potential buy if it can power threw.

Tuesday Morning Corp (TUES) – This one is breaking out nicely, it got a 7% gain on Friday. I am not sure if it is due to the breakout or for the company’s director Robin Selati resignation. I will just watch to see if it will continue its momentum or it will sell off and become a short opportunity.

TASER International Inc. (TASR) – I have been watching this one for a few days as it does not know what it wants to do. There is also controversy surrounding this company which makes it unpredictable as to which direction it is going to go. On the other hand, volume is slightly fading as buyers are leaving and as it is hitting tiny resistance. This could end up being a potential short. Will just sit and watch.

Stock Watch 2-22-2010

Stock Watch 2-22-2010

Thanks to better market conditions I am getting better plays, here is a list with 6 stocks and 6 ways to make some good steady gains. I am currently in ISSI and up about 3% thus far with a small position.

Xenoport, Inc. (XNPT) – This company is a biopharmaceutical company that discovers products that utilizes the body’s natural ability to over come disease. This stock had a nice 25% gain on Friday on speculation of better fda news for a drug this company is working on. They received a response letter from the FDA concerning there restless leg syndrome tablets, which pretty much states there will be further delays in the approval process as this drug is not producing good results read the 8-k here. In the past month the stock took a huge dive from $19ish/share to low $6 range from bad news. The news on Friday took this stock higher as it speculates on better results from the drug. I will watch this as this could be bouncing off the bottom in attempts to fill the gap, although this company’s drug does not look to good going into approval.

Newpark Resources Inc. (NR) – This company brokeout on Friday on good earnings and speculation of the future growth of this company. What attracts me is the breakout and its low price as it sits at $5/share, it also held this level threw the close on Friday which validates how strong it is and its potential to keep going. Potential buy.

GFI Group Inc. (GFIG) – Huge spike on Friday on the outlook of the company and its earnings. It hit resistance on Friday and did not breakout on a 15% gain, it hit the $5.50 mark and sold off from there. If this brokeout past $5.50 this could be a buy on quick gains. I will watch to see what happens.

Integrated Silicon Solution Inc. (ISSI) – This stock is a monster and is unstoppable, it is in what some call a parabolic move that has no explanation. Well it does have an explanation, this company has turned around big time! The company blew away earnings and has a great balance sheet why wouldn’t this stock go parabolic after it has been on the floor for the past few years. I finally got into this stock on Thursday at $8.40/share, a very small position since its not exactly where I wanted to get in at. This has turned into a very nice swing trade, I will only sell when I see signs of it topping or when I reach my target price.

Dataram Corporation (DRAM) – This stock has been gaining momentum on a better outlook for the company. It signed an agreement with Government Acquisitions, Inc which works directly with the federal government, this agreement will help DRAM and its market share tremendously. On Friday it spiked from $2.90ish to $3.50 on this partnership deal. DRAM is an old company and has been around forever, this stocks price is going to get a nice lift from all of this. Potential buy and nice swing trade.

TASER International Inc. (TASR) – Taser blew away earnings on Friday as it posted its 4th qtr profit. What is interesting is it was already on the verge of a breakout at the $6.50 level and with this news and gaped up and surpassed it nicely. Potential buy if it can hold.

Stock Watch 2-16-2010

Stock Watch 2-16-2010

Well it has been a while since I gave a watch list, this is due for the lack of plays with a horrible correction in the market. The only play that was just beautiful threw it all was “ISSI” which was on my last watch list and I tweeted a hundred times. So here is the new 9 stock watch list, this one has some good ones!

PositiveID Corporation (PSID) – PositiveID Corporation provides radio frequency identification (RFID) systems for healthcare sector. This stock got a nice 21% jump in price on Friday due to a bounce in the market and uplifting P/R’s relating to healthcare or obamacare. On a technical level PSID is right on the edge of a breakout at $1.50ish/share. Looking at the past few months on the chart, this stock spiked huge and slowly faded back down. If the volume picks up some and breaks out once more, we could see another spike in the price but I am sure it wont last long due to how horrible of a financial position this company is in, there balance sheet is horrendous. potential buy when the volume picks up and breaks out around $1.60 range for a quick gain, definite short when it starts to collapse as we can see it will and when it does it really goes red!

Westport Innovations Inc. (WPRT) – This company does research, development, and marketing of engines and fuel injection systems that use gaseous fuels, including natural gas. This stock had a good 14% gain one Friday from the news of good earnings and an uplifting conference call. They added a nice amount of revenue to there balance sheet as well as gaining ground on future innovations. On the charts it seems to be slowly but surely gaining towards higher ground. What I will be watching for is when it hits the $14 mark, could be some heavy resistance, although with good volume it could push threw and breakout that is when I will be there for the push as this stock could run and make for a nice swing trade. Potential buy.

Microvision Inc. (MVIS) – Engages in the development of miniature display and imaging engines based on its integrated photonics module technology platform. This company recently had a change in directors and released there 8-k reporting that. On Friday they also received a fluffy news report on them receiving top honors at macworld for a there lazer pico projector. Whats interesting is the chart, it seems to have hit support around $2ish and is starting to bounce. it tested this support a few times an held which to me validates it is strong. This is a potential buy on a nice swing trade, as I see this bouncing and possibly spiking on this new attention the company will be getting regarding their award and new product.

SkillSoft plc (SKIL) – Company provides on-demand e-learning and performance support solutions for enterprises, government, education. Well this was the big news on Friday, as SKIL received a buyout offer at 1.1billion dollars or $10.80/share from a private equity firm see the P/R here. This sent the price soaring 13% of course, although this was a sell into opportunity for a lot of investors. This will be interesting to see what happens in the next couple of days, which this will either move the stock higher as this is in a technical breakout area or just sit and consolidate right here which is the likely story.

Athersys, Inc. (ATHX) -A biopharmaceutical company. This company has been getting a lot of attention from its recent news of getting 2 patents “Athersys Inc (ATHX) said it has been granted two U.S. patents that cover its proprietary MultiStem technology” which as made this stock soar, read the P/R here. Just on Friday the stock made a 12% gain which helps this uptrend the stock is in. The volume is also increasing as this news spreads. Hopefully this is the begging of another huge spike in the price as seen before, on the other hand with that spike can a fading sell off. But with the 2 new patents this stock should gain a lot of momentum as it is capturing my attention for a swing trade. I feel if it can reach and hold $4/share, this will be my entry as this can return back to the $6 mark and maybe in surpass it!

GenVec Inc. (GNVC) – A clinical stage biopharmaceutical company. This I know from the past is a very shady risky company to deal with. This stock I was hesitant to put on my list. On the other hand there are profits to be made here. Now you could buy this little short squeeze as it continues higher, but as we can not predict when the sell off will take place, I would not go long here for the reason of how shady this company is. I on the other hand will wait for that spike to start showing signs of failure and short it as we can predict that this will happen and when it does it will come crashing down hard, just take a peek at the chart. So I will sit back and wait for the sucker buyers and the pumpers to keep at it and wait for the first sell day to sell into and ride it down as panic selling takes place! Potential short if I can find shares, either way it will fun to watch if it happens.

JDS UNIPHASE CORP (JDSU) – This Corporation provides communications test and measurement solutions, and optical products to telecommunications service providers. This stock is the one to watch for easy gains. This company got an upgrade from Morgan Stanley and it also released a better earnings report on Friday making this stock gain over 6%. The chart is just beautiful, it is in the technical breakout range right here as it surpassed the $9/share mark. Not only has attention on the company risen but so has the volume, if this continues there will be no doubt it will breakout nicely. potential buy for a nice swing trade, which it sees no resistance till it hits a 2yr small resistance of $10 and a 2yr high of $15.33.

Epicor Software Corp. (EPIC) – This company designs, develops, markets, and supports enterprise application software solutions and services. Not much to say on this one, except its outlook for future earnings are great. I am just adding this stock to my list so that I can watch it to see if it can breakout at $9/share which it probably wont happen for another few days if it can. Just watching for now.

Integrated Silicon Solutions (ISSI) – Ahh the one that got away from me. This is still a potential buy and swing trade as no matter what the market is doing it keeps pushing higher. This stock gives ample opportunities to get in on an intraday level, as it dips and then powers higher. I am still beating my self up over not jumping in where I wanted to at $6/share as it now sits at $7.65, I was dead on with this….

Stock Watch 1-12-2010

Stock Watch 1-12-2010

Pacific Ethanol, Inc. (PEIX) – This Company produces and sells ethanol in the United States and had a huge trading day. The stock had a 59% gain from an open price of $1.50 to the high of $2.75. This was a definite short squeeze if you check the chart out here. It also started to sell off a lot of its gains after it hit the high mid day, pretty much people selling into that spike I don’t blame them. This is huge potential short if you can find shares.

McMoRan Exploration Co. (MMR) – This Company through its subsidiaries engages in the exploration, development, and production of oil and natural gas offshore. This stock is up huge on news of the new gas find off the Gulf of Mexico (read here) which created a 52% gain from the day’s range of $10.98 – high of $14.08 and holding. This was huge and exciting news for the company, as I see this as a starting point for the return back to its 2 year high of $35.52/share. On the charts here, it has a breakout point at $15.84ish and if it can break that it would not see resistance till $22/share. Potential buy!

Energy XXI (Bermuda) Limited (EXXI) – This companies stock also benefiting from the news of the find of gas in the Gulf of Mexico. The stock had a 39% gain on the day, had an open price of $3.16 with a high of $3.69 and holding. I don’t see this one running to much it has a 2 year resistance level at $3.53; this will be the test if it can break it or sell off right here. I will just be watching this one. Check the chart here.

Tuesday Morning Corp. (TUES) – This Company operates as a closeout retailer of upscale home furnishings…boring! But the stock had a nice 32% gain on the day from good news of its qtr2 speculation of it beating earnings estimates as it sees sales up 5%, read the full P/R here. The company does have a good amount of revenue coming in, although it has just as much debt as it does cash on hand. The short interest has also increased by 5%. On the charts it has a lot of resistance at $4.50ish area, I would only get in if it can break that and if the speculations are true and it beats earnings estimates. Just watching for now, check the chart here.

GTC Biotherapeutics, Inc. (GTCB) – This Company is being pumped by promoters and its hype around FDA approval of a drug. The company is garbage and very sketchy. The stock has been coming back some with a price spike today, as well as from the updated news of FDA approval. It’s funny as you can see from the chart here; it spiked and finished in the red. This will be nice to see it run a couple more days and then short into that.

Misonix Inc. (MSON) – This Company spiked 21% from news if it’s new distribution agreement for Peru. It also recently released earnings of $-.17/share but on the charts has been spiking some, to me it seems a mix of this deal and short covering. It has a lot of resistance at the $2.60ish area which it tested and failed to break today. If it can break it could be a huge breakout for this stock, but I don’t see that happening. Potential short, Check the chart here.

BioFuel Energy Corp. (BIOF) – This Company engages in the production and sale of ethanol. The stock had a nice 20% gain on the day with a price range of $3.42-$4.15, although it had a slight sell off in the afterhours back down to $3.45. The beauty of this stock is the chart. It is on the verge of a breakout right here at $4.12ish. I will wait to see if it gaps up tomorrow and breaks out, this could be a nice buy if it can. Check the chart here.

China Infrastructure Investment Corp. (CIIC) – This barley made my list; it is a china play which means “Sketchy”. Today the stock had an 18% bounce from its support at $2.00/share. This was a pump and dump as you can see from the chart here, it spiked a few days then completely dumped, which if you could find shares would have been a nice short opportunity which could explain its gains today from everyone buying to cover. This does have the chance to spike again, which you could buy the bounce but would be risky because the dump is over and it could trade towards the downside from here. Check the chart here.

Amylin Pharmaceuticals (AMLN) – This stock is the one to watch, as it is on the verge of FDA approval and on the verge of breaking out big time. Good news could make it happen. It is currently at that breakout point in the $15.77 area, if it can break threw it will be a nice breakout buy where its next resistance is not until the $19 area. The volume is also picking up as it gains publicity from the drug news and the talk about health care all over the news. I will watch this for a breakout buy, check the chart here.

TASER International Inc (TASR) – This Company still getting the hype around airport security, it manufactures devices for security not only for the private sector but also the government. Today it had a nice 11% gain and on the charts it is a technical breakout (yea I love breakout buys) Which if it holds, can be a nice swing trade as it rides the hype wave, and the sell signal being the first red day or it starting to retrace back to the support level of $5.80/share. I see it gaping down in the morning, and if the bulls are strong will pick it right back up and keep going on strong volume, otherwise watch for the dump as this can be a risky trade. Check the chart here.

Stock Watch 1-11-2010

Luna Innovations Incorporated (LUNA) -This company engages in the research, development, and commercialization of technologies in health care. The stock had a huge 71% gain from it’s open at $2.74 – $4.50 with an extra 1% gain in after hours. This reason for this huge spike came from the P/R issued that stated “(LUNA) said Friday it will expand its development and supply agreement with Intuitive Surgical Inc. (ISRG) to continue providing its shape-sensing technology for Intuitive products. report here” which lead to the spike. This companies balance sheet is a mess, the market cap is only 50million with 5million in debt. This spike was not from only good news but definitely from all the shorts covering. This will be interesting as to how it will play out on Monday, i think this could be a good setup for a short. I will only short if i can find shares and if it starts to fade through out the day. Check the chart here.

WebMediaBrands Inc (WEBM) – This is a media company that had a nice 26+% gain on Friday breaking it’s previous high of $1.30/share, which is considered a technical breakout. The question here is will it hold and keep going? I doubt it on the notion that it faded a lot towards the close with low volume and i see a morning sell off. This will be a potential short for sure.

Methode Electronics Inc. (MEI) – This company manufactures component devices worldwide. The stock got an analyst upgrade to outperform which made the price spike 25% from $9.53 to the high of $11.34. It had a breakout point at $9.80ish and surged higher from there with a strong finish late day. I see this stock coming back down some which will be a great buy on the dip to see it return to it’s 2 year high of $14.19/share. This company is so so on the balance sheet, it has a good amount of revenue coming in with 0 debt. I think this was one company beaten down by the economy and is starting to come back nicely. The short interest has also decreased. Potential swing trade if i can get in when it dips a little lower. Check the chart here.

CPEX Pharmaceuticals, Inc. (CPEX) – This Pharmaceutical company has a recently completed a phase 2 clinical trial of Nasulin a diabetes drug that helps a diabetic’s insulin levels. The results of the test are expected to be released a t the beginning of the second quarter of 2010. Friday a P/R was released stating that “(CPEX) confirmed that Arcadia Capital Advisors, LLC and its principal Richard Rofé, who hold approximately 12% of outstanding shares, have filed with the Securities and Exchange Commission (SEC) notice of intention of Mr. Rofé to make an unsolicited contingent offer to purchase the remaining shares of common stock of CPEX for $14.00 per share.” this of course spiked the stock price from $11.75 – $14.05/share. This is good for the company and share holders. On the other hand the shares outstanding are 2.5million and the float is only 1.84, so this thing can go wild with any news in a short period of time. I would watch this the next coming days to buy into, because this stock can climb fast! This reminds me of (VRMLQ) and its price fluctuations, CPEX is a Potential buy, check the chart here.

Cytori Therapeutics, Inc. (CYTX) – This company engages in the development, manufacture, and sale of medical technologies to enable the practice of regenerative medicine. It also just got FDA approval for a “fat transfer device that can transfer a patients fat to other areas of the body for cosmetic purposes”, sounds pretty ridiculous to me but they actually got approval and the stock spikes 12%+ check the P/R here. This company is in the hole big time as far as revenue coming in, this will definitely bring more in. On the other hand it seems the stock did not want to hold its gains and actually went negative on the close, which could mean a lot of people were taking some profits and selling into that spike. 18% of this stock float are short which if they cover could really send this stock soaring. If it can hold and here and and i see some big buy orders coming in, this could be a nice setup for a swing trade. Potential buy, check the chart here.

ICX TECHNOLOGIES INC COM (ICXT) – Here we go again the same airport security stock coming up on my radar. This stock does not want to make up it’s mind, it spikes and then falls then levels off around $7.50ish and now is starting to spike again. This reminds me of NLST when it was doing this, it was teasing everyone but those who held on threw the ups and downs really made money as it just keep stair stepping higher. ICXT does want to power higher although the volume is starting to fade and bulls starting to get weak, i still think this is a short all the way unless it get’s more news coverage. Check the chart here.

Inspire Pharmaceuticals (ISPH) – This pharmaceutical barley made my list, it made it only because its on the verge of a breakout. It spiked on Friday due to short squeeze IMO there is no big news for it other wise. It also lost half of those gains in after hours as everyone sold that spike. As you can see from the chart here, it is right there at the breakout point but it needs a good push to get threw that resistance. I will watch to see what it does, i don’t think it can do it.

4 Stock Chart’s to point out 1-5-2010

Kandi Technologies, Corp (KNDI) – Looking at the chart you can see it is failing it’s attempt to breakout above $6.04. Volume is also lower than the previous day, it might take a good green market day to power threw. This to me looks like it will top here and continue to consolidate in the range pointed out in the chart. Keep and eye out in the next coming days as this unfolds.

KNDI chart

Taylor Capital Group, Inc. (TAYC) – Just check this thing out, this stock does not want to stop it’s consistent rocket higher. Although we had a slight down day today on the markets, you can see the gains getting somewhat weaker or not as much and ending on a red day today. Could this be the turning point or a breather? Keep your eyes open, this thing could dump!

TAYC Chart

Gulf Resources, Inc (GFRE) – This stock is continuing it’s breakout at $11.00 currently sitting at $13.65. I am not sure if it can keep going as you can see the volume was cut in half on this day. If you did not get in at $11.05 then i would say you missed the breakout and the easy gains. Next….!

GFRE chart

Intevac, Inc. (IVAC) – Looking at this chart it is deffinent breakout at $13.53 and it continues with good volume. If i would have caught this sooner, i would have gotten in that second day at $14.00 for a nice dollar gain on the day!

IVAC Chart

Keep a look out for more, i am always on the hunt for interesting chart’s with obvious buy in signals! :)

Stock Watch 1-5-10

Stock Watch 1-5-10

Taylor Capital Group, Inc. (TAYC) – This financial company just keeps going, made another 2.11% gain today and does not look like it wants to stop. When looking at the chart you see this big green line shooting up, makes you want to jump in. I am keeping a close eye on it, i have seen stocks do this and one day just take a death spiral down to nothing. If this does happen it could be a nice short, you just have to watch for when it starts going red. It semes as though this company is turning it self around, with new businesses and a change in Directors which could be the reason for its rocket to the moon. I am not sure this would do it, unless there has been a lot of short covering because of good news or lot’s of insider buying. Check out the charthere.

BioForm Medical, Inc. (BFRM) – A medical aesthetics company up 60+% today on the news of it being taken over by Merz Pharma Group for $253million at 2:05pm. Check out the P/R here. On the other hand released at 4:05pm this was put out “Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors of BioForm Medical, Inc.” on the grounds that “Robbins Umeda LLP’s investigation concerns whether BioForm’s Board of Directors’ acceptance and recommendation of the offer is fair and designed to secure the best possible price for all BioForm shareholders” check out the report here. BioFarm also received a downgrade today to Neutral from Overweight from piper jaffray. Check out the chart here.

China Direct Industries, Inc. (CDII) – This company engages in the production and distribution of magnesium and other basic materials. This stock was up 49+% today on nothing but it’s outlook on the companies earnings for fiscal year 2010, It claims it’s revenue will be between $130-$150million. The company overall does look healthy, although it is some what risky. The charts look as if it could run some more, it’s overall resistance is around the $2/share mark and break out point around $2.40. It did start to fade some this afternoon but that is normal. The test would be how it reacts tomorrow, i would wait to see if it wants to go higher waiting to see around noon, if it starts to take a dive then it will be a nice short back to $1.40 were it has a little support. Check out the chart here.

Digital Ally, Inc. (DGLY) – This company develops, manufactures, and markets advanced video surveillance products for law enforcement. The stock was up 40% today on it’s earnings speculation and rumors of contracts. This company has a market cap of $45.6million, has $1million in cash and zero debt. Looks good to me! Chart show it is strong with large volume coming in, it has some resistance at $3.20 but looks like it wont have trouble taking that out. It does however have strong support at $2.60. This will be a potential buy for me when i get the correct signs and entry point. Check the chart here.

Kandi Technologies, Corp(KNDI) – This company through its subsidiaries, engages in the design, development, manufacture of motor vehicles. This stock had a huge comeback from its dive yesterday. It was up over 30% today on the news of it’s new alliance with Electronic Vehicle(EV), the goal being to mass produce the electric automobile in china which could bring a lot of revenue to KNDI. Although this stock had a nice spike, it hit ressistance at $6.05 and started to fade from there. The buy in signal for me is if it can break 6.20 and hold, which will validate a Breakout and this beauty could run pretty high! Check the chart here.

Intevac, Inc.(IVAC) – This company provides manufacturing equipment and solutions to the hard disk drive industry. The stock was up over 22% today on news of it receiving eight 200 unit order from Lean Systems, which is good news for the growth of (IVAC). The chart on this is a true technical breakout at $13.59/share, it started to fade in the afternoon but held above this key level. If it holds true and does not end up being a fake-out breakout then we could see some good gains over the next couple days. Check the chart here.

GenVec, Inc. (GNVC) – This is a clinical stage bio pharmaceutical company, that had a nice breakout today. This stock was up 17% and is a true breakout at $1.20 and now resides at $1.41/share. The volume is fair but not huge, this could be a fake-out breakout and could set up for a nice short. It has not had a P/R since November, which seems shady to me. I will watch to see what this does, most likely look to short it if i can find shares and i will only short into a spike. Check the cart here.

Gulf Resources, Inc(GFRE) – This company through its subsidiaries, manufactures and trades bromine and crude salt. The stock has had a steady rise for the past 5 months now with only a few pull backs, today had a huge spike and finished up 17%. Seems the company is growing exponentially with new productions lines, and chemical compounds. This i am sure will have a profit taking pullback, at which time will be a nice long entry point. Check the chart here.