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 Volume | 1.04M |
| 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 10-20 | 196,722 |
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 Volume | 1.04M |
| 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 |