Scans for 04/27/09 from InvestorsLive

by | Apr 26, 2009

Currently the futures are pointing down 150 pts, so tomorrow many potential shorts will be ruined by gap downs.. which I always hate but who knows – every other night they’ve been down big there’s always some catalyst by morning that bumps them up we’ll see.
BCRX $2.25 area of interest, check back to Jan you’ll see $2.25 was tough resistance and again last month. Volume usually tells the story and with the weekend press on the Flu we should be opening $2.50+

NVAX part of the birdflu “sector” which will be hot(active) along side BCRX, GNBT etc many others.

Others: AVII, BCRX, CBMX, CRXL, GILD, GNBT, HEB, NVAX, SNY, SVA

BNHNA not a 100% short this can still head higher, the part that has me interested in this one is its day range moving a buck in one day and over nearly $2 over the past 3 days I’ll start monitoring for weakness, with a move like that possible .40 to .60 cent downside which is the move I’m always looking for

CBL watch for the move towards $9 it may not test it without a pull back, in fact I don’t think it does. I’ll be watching for sideways price action and the breakdown after a push through $8, if it doesn’t break $8 monitoring heavily – it doesn’t really look like a big move but this stock doubled in 4 days

CNTY two reasons I’m interested – check out the volume the past 3 days and the price move towards resistance at $1.75 I’m a buyer if it breaks and holds $1.75 may be the start of a trend reversal

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