Video is of DSTI. Text Watchlist below of IDT PWER ISLN
IDT
Yet again this thing is destroying shorts like the liquid terminator guy. Deceitfully sucking them in and crushing them without mercy. There will be a day that shorts will drive this stock down but who knows when. As it stands IDT is right at a double top on the daily chart. I would pay close attention to the 16.50 area on Friday. If IDT can hold that level perhaps a run to the high 17’s is possible. To short this I will need to see a lot more weakness as this thing has and can spike quickly. However, downside potential is in the 14’s
PWER
Way to lofty here and at a 52 week high. Stocks at 52 week highs often don’t die quickly. I would be willing to short if PWER can crack the 10’s. as there is strong support in the 9.20’s. To the long side PWER would have to stay above 9.60 all morning. Having said that I believe the upside potential is limited.
ISLN
Up 2 1/2 dollars on positive earnings. The thing about earnings plays is they have a tendency to run for a few days. I have no definitive play on this but because of the extreme high volume and momentum, I will watch this and update the analysis on the “Trending Now ” section mid day.