IVC: Stock made a large inverse head and shoulder pattern over the last year. Last week it broke out through lateral resistance at $14.00 trading as high as $16.10. The last few days it has been consolidating. Through $16.10 and we could quickly see $17.00 and then $18.00. With a short ratio of 10.5 days to cover, it could add to the momentum on a break out.
LPSN: After a move up from $6.00 this stock has been consolidating in the $12.00 range over the last few months. Last week it gapped up through lateral resistance and traded as high as $14.05. It has been consolidating the last few days. Watch for a move above $14.05 with price targets of $16.00 then $19.50.
NOVN: Nice follow through day today from Friday's move. Stock traded as high as $6.70 to close at support at $6.00. Through today's high we could see $8.00 and then $12.00. Short ratio, 4.4 days to cover.
NVCR: Big reverse day last Thursday, inside day Friday and today it popped higher. It needs to get through $21.75 with price targets of $25.00. Short ratio, 6.1 days to cover.
SBBP: Back in June the stock ran up to $7.95. Since then it has been consolidating. Today, it broke through that high and traded as high as $8.25 and closed on support at $7.95. It is a low volume trader, but if it goes, the volume should follow. A trade through today's high and we should see a move into the $12.00 range. Short ratio, 4.4 days to cover.
Damn Bob you've been kicking ass since I last noticed you on here. Way to go.
Thanks...
Join now or log in to leave a comment