Scans for 02/05/09 from InvestorsLive

by | Feb 4, 2009

DRYS EXM EGLE GNK etc all shippers watching for weakness, DRYS a hard borrow TBSI I short EOD as a few others did in chat $12.10s and covered mid 11.80s and 11.91 for a nice EOD profit

RSYS keep an eye for a base at $7 and furter momentum towards $8

CRYP awesome call by Muddy today at $4.50, squeeze mode, may test $6 and watch for a fast move to the upside followed by weakness

SOLR had a good report today, if it holds green has room towards $6 +

VOL had a lack of volume the other day but came back strong today and moved hard to the upside, watch for the break of $8 – then I’m monitoring it

PSEM needs a rip past $8, squeeze and potential short setting up

DEPO keep an eye $2.50 break nearing has potential to move towards $3 – These two are from scans HERE.

DEPO going to be a good play both ways, possible long if it continues towards $2.50 and breaks it, and then a nice short back 10-15%

Broke out past $3, keep an eye for a test of $4

MGRM border line breakout around $3

MTL held $3s and tested $4 as expected keep an eye for further momentum from scan HERE

MTL reversal watch, watch for dips – as long as it holds $3 this can provide a nice move off htese levels towards $4+

CVI has been working out very well should test $6 tomorrow if the momentum continues and may start moving much faster towards the upside

CVI take a look at both the 3 month and 6 month chart – you’ll see why I’m interested in this one, a hold of $5 and $5.50 break has a lot of room to run towards $8s+

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