Friday, April 12, 2013

04/12/13 Friday Watchlist (9 hot stocks)

Market: SPY is breaking out! I will not be shorting aggressively. This is the time to buy on big dips and hold.


AMRS (im long 3.05)- i bought this into the close for a gap-up and i was right as it is already up 7cents in premarket.

RAD (im long 2.18) - big earnings with consistent q2q eps growth. brokeout 2.05 whcih woulda been good entry as i called in my watch list. I bought this premarket following the upgrade w/ a $3 pt

BIOL (im long 5.05)- bought this into the close as well for a gap-up, and so far its gapped up 7cents in premarket. key levels are 4.85 and 5.75

SVA - this is a bird flu sympathy play. It is patterning nicely and could spike thru 3.85 key res soon. upside to mid 4s.

REFR - this is a free TimLongTerm pick. its a low float so it will move w/ Tim's following. should see 5s by next week.

It's Friday so I wouldn't be short in the late afternoon.

ROYL - just signed a $44mil deal with an unnamed company but its not official. the chart is very bearish so I will be looking for vol to continue to dry before shorting this. it could morning panic but i'd like to see it spike first. 3 and 3.7 are key.

HIMX - is consolidating. I'd like to see it spike into overextension before shorting it. Pential short when the next spike tops.

PAMT - is fading gradually after the bounce following the crackage thru key supp at 16. it cracked intraday supp at 16.9 and started fading gradually against the bull market. I am now more interested in it breaking down key supp at 16 today as the market is red today.

MCOX - is testing 5.75 just as I anticipated. its building support under 5.75 so it could run further if it can break 5.75. 6.35 and 7.25 are also key. potential short under 5.75 when it cracks big.

Follow me on stocktwits (@sickledsystems).

b/o = breakout
b/d = breakdown
momo = momentum
pt = price target
dtc = days to cover
res = resistance
supp = support

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