The major indexes appear to be overextended on the short term and would look to see some pull back or consolidation.  Don't fight the trend.  Gold has also become over extended and I would look for a pull back into the $1,120 area (which will negatively effect precious metal stocks).  Biotechs (IBB) made a double bottom but failed to break out above 270ish so look for it to test 240 to see if it holds.  It would not be a good sign if IBB breaks below 240.

CBDS:  This OTC pump has broken out above the $2.50 level and doesn't really start to run into resistance until around $4.00/$4.50.  Keeping my eye out for shares to short but will wait for the right entry level.  It is still the front side of the move.  It is a very low float stock so it may continue to squeeze.

CPXX: Has pulled back to major support area from the original pop on news at $10.50.  If it holds, I will look to trade long.  If it breaks down it could find support at $9.50 and $8.50 so it could be a profitable short.  We'll see what the morning brings.  A lot may be dependent on the general market direction.

VCEL:  Made a great move Thursday, midday, breaking out above $5.60, closing at $6.22 after hours.  It is trading in new territory so I would expect the momentum stay upwards.  I think a break below $6.00 will be a short opportunity.  But if the momentum continues it could keep grinding up.  I will be watching closely for early morning action to determine the best trade (which could be none at all).

EROS:  Watching for a break above $11.18.  If so, I would expect a $.50 move before it hits resistance with $12 being a distinct possibility.  Heavily dependent on direction of major markets though.  A break down below $11.00 could see a test of the $10.40 support.