Scans for 05/12/09 from InvestorsLive

by | May 11, 2009

BXG $2.50 is what I’m watching for we’ve had some good success playing stocks of solid support – as you can see $2 has put in a good bottom

COT great alert today closed just above $4.50 – rode this up in the AM from $4.33 alert on the buy before it tested $4.80+ and short it towards the later half of the day covering at $4.46. If this holds $4.50 it should be a nice continuation move towards $5 but if not it may become boring and slide off my radar until it breaks

AMFI if $2 holds this may have continuation – many ask why I focus on stocks already up (didn’t we miss the move, etc) NOT in this market! This stuff has been kicking for multiple day

CYTX still bullish, gap and held $3 need to hold if it stays green tomorrow may retest $3.50-4+

NNBR keep an eye for $1.75 crack

PLM short bias if it breaks through $2 and fades back under – will let it rip through first before jumping on it

PMI watch for gap over $2.50 – watch later on in the day for potential fades

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