BCEI- I said yesterday that this would find support at 1.60 which is previous high for this chart. Not only that but it had been red after 9 consecutive days. It means its due to find a bounce. Now that it has, I'd watch to see if it can break past 1.83 but not trade it till it crosses $2. Whole dollar numbers are too risky to trade when the stock is only a few cents away from a major key level of resistance. Wait for it to cross $2 and find some support.
IMMU - Big green day for it today. Like I said yesterday, it has failed to hold over 5.45 twice in the past few days so that is my key level for a breakout and the only time ill make a trade. Like to see it ride the trend its forming on the 6 month chart starting from November. Also, looks to be tightening up on the 6 month chart. Seems to be Bullish...
FUEL - Also said yesterday in my watchlist was this would have a red day before another green day. It sold off at the open to 2.81 before being bought back up and trading mid rang for the remainder of the day. Does have resistance in two other places, $3.20 and $3.50. So not my #1 play but keeping on watch
IMGN - A perfect breakout over 2.70. Since January it's been stuck in a channel of support and resistance. When it closed Friday at 2.71 it should have been on your list. Closing at it's high of day and testing long term resistance. Very good signs for a breakout. This has room to go to $4.30 but I wouldn't hold that long. You still never really now. Take your money and get out. Ill be watching this at the open, carefully not to buy into morning dip, waiting a few minutes for it to form a trend and direction is safer.
CERU - Watching to break past 1.40. Resistance and a previous high 3 times now in the past 6 months. If it can break past $1.40 and hold support over that, it'll have room to trade till $2.00 - $2.10 Id sure like to see more volume push it up. Notice it has traded past $1.04 seven days this month but hasn't been able to hold it Gains and stay above. It'll either crash or breakout. Can only go one way and the direction is soon to be determined. KEEP ON WATCH
Please Leave your opinions in the comments below. Constructive criticism is appreciated ???




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