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