Thursday, October 23, 2014

WATCH LIST October 23, 2014





Cleveland Biolabs Inc. (CBLI) Has popped out of range...a good thing. Some near term resistance at the .50 price point. I, myself, would wait till it closes above that line or passes on strong volume. This would initiate a buy signal for me.

 Earnings Release Date: [not confirmed]11/5/2014  

Avg Volume   231.78K
Volume 10-22289,178

Short Interest (Shares Short)
1,100,600
Days To Cover (Short Interest Ratio)
6.7
Short Percent of Float
2.23 %
Short Interest - Prior
1,076,400
Short % Increase / Decrease
2.25



Cal Dive Intl. Inc. (DVR) Hands down...bottom play. This does appear to have a MOMO candle associated in the setup. Had huge volume today. Need Thursdays close to be above the confirmation line on the candle. If it manages to do that then this should be a runner.

 Earnings Release Date: [not confirmed]11/5/2014 

Avg Volume729.37K
Volume 10-22 2,638,552

hort Interest (Shares Short)
19,675,400
Days To Cover (Short Interest Ratio)
45.9
Short Percent of Float
20.77 %
Short Interest - Prior
21,211,200
Short % Increase / Decrease
-7.24





India Globalization Capitol Inc.(IGC) Three good days of volume. If IGC should break the .93 price point on Thursday with strong volume or close above it would be a buy signal. Expect some turbulence around the 200MA. The 1st target would be at 1.11 spot and then the second would be the 1.50

Earnings Release Date: [not confirmed]11/14/2014  

Avg Volume    166.96K
Volume 10-22324,574

Short Interest (Shares Short)
216,500
Days To Cover (Short Interest Ratio)
2.7
Short Percent of Float
1.85 %
Short Interest - Prior
247,100
Short % Increase / Decrease
-12.38





Vicon Industries Inc. (VII) Had a huge volume spike on Wednesday. It would appear that this is  a MOMO candle and should have a confirmation sigh before buying. That being a close above the 1.93 price point or a strong move upward on strong volume. Saying all that this chart shows the holy trinity of a curled up RSI,MACD, and A/D so I might be inclined after the market settles in the morning to jump in. Be aware that there are two resistance points staked on top of each other, so expect turbulence near term if this goes. This setup looks really good to me!
 
Earnings Release Date: [not confirmed]12/4/2014 

Avg Volume517.46K
Volume 10-221,293,263

Short Interest (Shares Short)
313,100
Days To Cover (Short Interest Ratio)
1.2
Short Percent of Float
6.99 %
Short Interest - Prior
575,800
Short % Increase / Decrease
-45.62

Wednesday, October 22, 2014

WATCH LIST October 22, 2014





China Recycling Energy Corp (CREG) has made a steady climb northward to test the trend line again. Today it had some increased volume just shy of its three month daily average. If tomorrow it can muster up the volume it could finally break out of range and gain back some of its losses since the last week in June. 1.75 is my target

 Earnings Release Date: [not confirmed]11/13/2014 

Avg Volume    737.82K
Volume 10-21589,231

Short Interest (Shares Short)
1,225,600
Days To Cover (Short Interest Ratio)
0.6
Short Percent of Float
12.90 %
Short Interest - Prior
438,900
Short % Increase / Decrease
179.24





Image Sensing Systems Inc (ISNS) Has broken out of range on a trend reversal. It is considered a bottom play. This is very simple and clear...its ready to go! It needs some volume to give it some pep in its step. I will wait till I see at least the daily average of 2.18M. If that comes in this should run free up to the resistance price point of 4.00

 Earnings Release Date: [confirmed]10/29/2014 

Avg Volume  2.18M
Volume 10-21446,281

Short Interest (Shares Short)
654,600
Days To Cover (Short Interest Ratio)
0.8
Short Percent of Float
19.03 %
Short Interest - Prior
1,305,100
Short % Increase / Decrease
-49.84





Sino-Global Shipping America Ltd (SINO) Once again a bottom play on a trend reversal. With the shipping sector coming back to life SINO is stirring with the sector. This had normal volume today and you could enter with the knowledge that you'll have some turbulence around the 200 DAY MA. OR you could wait till it climbs above the 200 day MA and give some time for the A/D line to curl up a bit.

Avg Volume   719.28K
Volume 10-21810,486

Short Interest (Shares Short)
20,300
Days To Cover (Short Interest Ratio)
0.0
Short Percent of Float
0.92 %
Short Interest - Prior
2,800
Short % Increase / Decrease
625.00





Tops Shipping Inc. (TOPS) Showed a nice increase in volume over from the past week. With the shipping sector coming to life across the board, it proves that their is interest in this stock. Its been in a narrow bottom channel for the past four and a half months. If TOPS should break out of the channel then it should be clear sailing for it to get up into the gap.

Earnings Release Date: [not confirmed]11/6/2014  

Avg Volume     127.06K
Volume 10-2169,612

Short Interest (Shares Short)
40,100
Days To Cover (Short Interest Ratio)
0.5
Short Percent of Float
0.40 %
Short Interest - Prior
90,900
Short % Increase / Decrease
-55.89

Monday, October 20, 2014

WATCH LIST October 21, 2014


Hovnanian Enterprises (HOV) recently has had some great volume and its price has responded accordingly. The close on Monday put it right below a resistance line in the 3.80 range. If HOV can break through this line on strong volume similar to the last 4 four days it could run to the 4.13 area a first target and then 4.59 as a second. The buy signal for HOV is it reaching the 50MA or 3.93

 Earnings Release Date: [not confirmed]12/4/2014 

Avg Volume1.04M
Volume 10-20  1,236,692

Short Interest (Shares Short)
20,570,100
Days To Cover (Short Interest Ratio)
7.5
Short Percent of Float
16.82 %
Short Interest - Prior
20,548,700
Short % Increase / Decrease
0.10




Regado BioSciences (RGDO) is a bottom play. It is approaching a resistance level of 1.20 that it has made numerous attempts to break. If it should break that level with volume and pass 1.27 or close above then a breakout could happen. Word of warning! Make sure you buy after the 1.20 level but preferably after the 1.27

Avg Volume   770.88K
Volume 10-20196,722




Scorpio Bulkers Inc (SALT) has definitely established a bounce of the bottom. With good volume this stock could run to a 6.00 dollar price point, which is its next major resistance. If on Tuesday this stock passes the 5.00 mark with normal to strong volume this is a buy signal.

Avg Volume1.04M
Volume 10-21  1,236,692

Short Interest (Shares Short)
4,392,100
Days To Cover (Short Interest Ratio)
2.7
Short Percent of Float
5.25 %
Short Interest - Prior
3,543,800
Short % Increase / Decrease
23.94




Zogenix Inc (ZGNX) has broken out of range and is poised for a breakout. If ZGNX the  resistance area of 1.40 to 1.42 range with volume then after the 1st hour of opening this will be a prime candidate for a buy. With 4 days on the upside with almost a 30% increase you must approach this with caution till it settles into the day.

Earnings Release Date: [not confirmed]11/3/2014
 
Avg Volume      1.76M
Volume 10-21 1,786,686
Days To Cover (Short Interest Ratio)
22.3
Short Percent of Float
22.50 %
Short Interest - Prior
27,129,700
Short % Increase / Decrease
-1.00

Sunday, October 19, 2014

Watch List October 20, 2014


MCP has been showing a positive upward trend after staging a reversal. It was rejected once when trying to break the 1.62 resistance barrier. This week it looks like it is poised to try and break through again. If this happens it will be an explosive week for this stock. Look for a buy signal above the 50 day MA on strong volume or a close

Earnings Release Date: [not confirmed]11/6/2014 

Avg Volume5.04M
Volume 10- 172,449,364

Short Interest (Shares Short)
69,815,000
Days To Cover (Short Interest Ratio)
11.8
Short Percent of Float
36.19 %
Short Interest - Prior
60,195,200
Short % Increase / Decrease
15.98






MNGA is in a strong uptrend. On 10/10 there was PR released that dovetailed with the Ebola theme. This changed its downward direction and the stock has not looked back. It is about to test a resistance area between 1.30 and 1.35. If it breaks through this area it will be in full blown break out mode. MNGA has had some good volume coming in the last half of last week. In my opinion, this looks likely to happen.

Avg Volume621.24K
Volume 10-171,887,582

Short Interest (Shares Short)
1,237,700
Days To Cover (Short Interest Ratio)
1.3
Short Percent of Float
5.82 %
Short Interest - Prior
1,104,600
Short % Increase / Decrease
12.05





MATR comes back from the 10/15 watch list after posting a 6.29% gain. I am reiterating this stock because it appears to be picking up some steam again for this week. MATR needs to break a resistance area 6.08 to about 6.15. If it accomplishes that and does so on volume or a close then a breakout should occur. Look for a buy signal of 6.17.

 Release Date: [not confirmed]11/5/2014 

Avg Volume   89.37K
Volume 10-1795,434

Short Interest (Shares Short)
460,400
Days To Cover (Short Interest Ratio)
8.8
Short Percent of Float
5.35 %
Short Interest - Prior
432,400
Short % Increase / Decrease
6.48





NVIV broke the downward trend on the 15th with a nice gap up on positive PR. (See link below on PR)It followed through on Thursday and Friday inching the stock closer to a breakout zone. "IF" the enthusiasm continues through Monday and this stock hits .81 on strong volume or closes above, look for this stock to break out. Keep in mind that this sudden rise was due to one piece of PR. Tread carefully and don't get the cart in front of the horse.


Avg Volume   89.37K
Volume 10-1795,434

Short Interest (Shares Short)
107,600
Days To Cover (Short Interest Ratio)
1.0
Short Percent of Float
%
Short Interest - Prior
161,800
Short % Increase / Decrease
-33.50




ZQK has been bumping a resistance area at about the 1.75 to roughly the 1.85 mark for the better part of October. This week if it manages to break through that resistance area, it will be in a position to move higher into a breakout range 2.00. If this is accomplished look for Quicksilver to advance up into the gap. It is my sincere recommendation that until the resistance point is broken you should take a wait and see approach!


Avg Volume2.97M
Volume 10-17  1,428,728

Short Interest (Shares Short)
27,811,600
Days To Cover (Short Interest Ratio)
13.4
Short Percent of Float
22.48 %
Short Interest - Prior
28,205,000
Short % Increase / Decrease
-1.39




Since late September MM (Millennial Media) has been repeatedly testing a resistance area at about the 2.08 mark. Last week it made another run upward to that mark and is now poised to try and take it out. If it does, on strong volume or closes above 2.08 it will look to take out the first target 2.30. A further push would let it go for 2.74.

 Earnings Release Date: [not confirmed]11/5/2014 

Avg Volume1.68M
Volume 10-1829,538


Short Interest (Shares Short)
12,086,800
Days To Cover (Short Interest Ratio)
5.5
Short Percent of Float
21.99 %
Short Interest - Prior
12,759,400
Short % Increase / Decrease
-5.27