Kaboomin Week. Ridiculous.

Man, oh, man things have worked out wonderfully on the Watch List this week. Hope you had an opportunity to get involved.. more added soon.
Watch List Update:

VVTV up 8% since add

XOMA – blah – nothing happening here yet.

VTG – Got the MA50 breakout today – up 10% since add.

CHINA – this was an early week flyer – up over 20%

SONS – Got a 9% gain breakout over 2.15

WAVE – HUGE BREAKOUT today, up over 19%.

ASTM and KOOL just hanging around. Watching.

CEGE still watching.

MI – Up over 17% since add.

URRE – KABOOOOOOOOOM – up over 30% since add.

SBLK and FREE both up over 12%

LVLT shot up over 21% since add.

PWER – up over 15% since add.

AGEN – just watching. Likely pulling from the WL soon if it doesn’t move.

Tags: AGEN, ASTM, CEGE, CHINA, FREE, KOOL, lvlt, MI, PWER, SBLK, SONS, URRE, VTG, VVTV, WAVE, XOMA

New to the Watch List

Hello, all.  Hope Tuesday treated you well.

Watch List update:

CHINA continues strong with gains over 20% since its addition to the WL.

SONS made a great breakout and now sits over 10% up.

MI made moves and appears to have more in the tank.

LVLT continues to run.

Outside of that, the others are still worth watching (it only takes one) as we head into Wednesday.  I especially like URRE and CEGE.  The only failure on the list came from ALTU – uggggllly today down over 35%.  Luckily, the setup never triggered a buy prior to their horrible press release this morning.

New to the WL:

XOMA – Good looking consolidation here.  I’m looking for a breakout above 9.

VVTV – Ready to move on a MACD crossover?

Tags: ALTU, CEGE, CHINA, lvlt, MI, SONS, URRE, VVTV, XOMA

Monday’s Watch List Update

This is options expiration week and we’re a little over bought on the broader markets – what does that mean? Time to be very careful. I’m likely to spend a lot of time on the sidelines with in-out scalps trades only.

Here are a few I’m watching for possible breakouts to the long side:

URRE – testing MA50 on tightening bollinger bands.  Looking for MA50 breakout.

MI is hitting hard against MA200. Might take a small long swing position on move through.

CEGE – looking for triangle breakout.

Watching ALTU against MA50 / MA200. Breakout scalp comin?

Sniffing around ASTM – Feels like a breakout coming this week.  Might scalp if it moves.

I like KOOL here. Another possible scalp on a pop up.

WAVE – Which way will this pennant breakout? If up, I might participate.

SONS – Watching over 2.15

CHINA – Possible swing opportunity on move through MA20. Nice volume to finish the week.

VTG – Looking for the MA50 resistance breakout.

Watching for continuation MOMO plays:

AVNR – Massive day on Friday – watching for continuation and possible momo scalp.

SBLK – Friday was the real entry date for this, but there might be more to come on this triangle breakout. Worth eyeballing.

Tags: ALTU, ASTM, AVNR, CEGE, CHINA, KOOL, MI, SBLK, SONS, URRE, VTG, WAVE

End-of-Week Watch List Cleanup

Time to clean up the Watch List so I can start fresh on Monday..

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Tags: AGEN, ARDM, ARNA, ATVI, BEE, CDII, CEGE, CPST, CTIC, DPTR, FNSR, FOE, FTEK, GA, GNBT, GNVC, HEB, HSTX, MGM, RAD, SPPI, STSI, UCBH, WMI

The Daily Scan

I’ve been preachin the love for $HEB and I finally got the breakout I was looking for.  There are numerous reasons I like this stock and I think it should have enough legs to get to 3 in the short term. we’ll see.

$CPST – Full Sto is shooting up with congestion price movement. I’m looking for the breakout through MA200 soon.

$STSI – RSI and Full Sto moving up with strong volume – breakout soon?

$AGEN – Will AGEN hold MA50?  If it does, I could swing it long.

$SPPI - Improving volume and rounded bottom on Full Sto.  Could be an interesting long swing play here.  Watching for MA20 support hold tomorrow.

$HSTX – Above 6.75

$FOE above 3.25 horizontal resistance

$FNSR – Nice move through MA200.  ADX crossing. Might be an interesting swing long here.

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Tags: AGEN, ARDM, ARNA, ATVI, BEE, CDII, CEGE, CPST, CTIC, DPTR, FNSR, FOE, FTEK, GA, GNBT, GNVC, HEB, HSTX, MGM, SPPI, STSI, WMI