VVUS which has been a dead trade since the reject of their weight loss drug has suddenly perked up 8%. After 70 minutes of upward action VVUS is holding steady in the high 5.40’s off the high of 5.65. May be too early for a short. Watch the next upward move, if there is one, […]
ARNA Struggles to brake above the 5.20 resistance area. Support in in the low 5’s. At the moment trading between 5.08 and 5.12 but the trend is downward. Look to short on spikes or a collapse of 5. [wikichart align=”center” ticker=”ARNA” showannotations=”true” livequote=”true” startdate=”21-01-2010″ enddate=”21-07-2010″ width=”570″ height=”365″]
Impressive recovery for a stock that was down over $1 at the open. May be getting exhausted at this price but none the less an impressive rebound from the 16.40’s. People obviously want to own this name. [wikichart align=”center” ticker=”CRUS” showannotations=”true” livequote=”true” startdate=”20-01-2010″ enddate=”20-07-2010″ width=”570″ height=”365″]
Current Intra Day support is 5.20’s, a brake below can send this stock to the mid 4’s as it’s heavily shorted. 5.40’s is Intra Day high. Like to see a failed retest of 5.40 to short or a clean break of 5.20. A pass through to 5.40 makes a decent breakout long or breakout volume […]
COCO. Education stocks seem to be in a bear market rally this morning. Currently stock price sits at 10.40. Resistance is in the low 11’s. Support would be 10.20’s then 10. May not be a good short as of yet. Being early in the cycle an upward swing or squeeze is possible. Long scalp opportunities at […]
ARNA Testing Double top breakout at 5.12. Possible upside to 5.30’s then to 5.60’s. The latter being difficult. [wikichart align=”center” ticker=”ARNA” showannotations=”true” livequote=”true” startdate=”19-01-2010″ enddate=”19-07-2010″ width=”570″ height=”365″]
HSWI 60c spike in 20 minutes. Possible low float short squeeze. Not sure when the spiking will stop but should be a nice short entry soon as shorts will look to re enter. [wikichart align=”center” ticker=”HSWI” showannotations=”true” livequote=”true” startdate=”19-01-2010″ enddate=”19-07-2010″ width=”570″ height=”365″]
ARNA slowly trending downward from 4.80 intra day double top area. Stock still up 15% on the day. I am short from 4.71 as documented on twitter.com/thelincolnlist this morning. I have my profit stop set at 4.61 and looking for a slow grind below 4.40. If stoped out at 4.61 will look to re enter […]
No surprise that every IFLG spike ends up retracing itself. Message boarders keep touting a $15 price target. I bet that hate holding this long. [wikichart align=”center” ticker=”IFLG” showannotations=”true” livequote=”true” startdate=”16-01-2010″ enddate=”16-07-2010″ width=”570″ height=”365″]
ARNA is on a tear. Watch closely when VVUS reopens for trading after panel hearing. Watch chasing these in either direction. [wikichart align=”center” ticker=”vvus” showannotations=”true” livequote=”true” startdate=”15-01-2010″ enddate=”15-07-2010″ width=”570″ height=”365″][wikichart align=”center” ticker=”ARNA” showannotations=”true” livequote=”true” startdate=”15-01-2010″ enddate=”15-07-2010″ width=”570″ height=”365″]