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