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 Volume | 5.04M |
| Volume 10- 17 | 2,449,364 |
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 Volume | 621.24K |
| Volume 10-17 | 1,887,582 |
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 10-17 | 95,434 |
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 10-17 | 95,434 |
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 Volume | 2.97M |
| 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 Volume | 1.68M |
| Volume 10-1 | 829,538 |
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 |