Big markets are looking weaker as I explained last night.  The indices seem to be rolling over as they are over bought and today's price action only reinforced that theory.  The secular bull market is in place, but we need some pull back/consolidation before moving forward.  The old adage of don't fight the trend applies to 75% of the stocks that trade.  But, generally, low float, small and microcap stocks don't care about big markets if they have news or are being pumped.  Just something to keep in mind as you trade.

ATSG: I traded ATSG today for a $.30 gain.  It was slow as molasses in January but a profit is a profit. It did trade today out of a wedge formation breaking into new high ground.  The stock closed near the high of the day but is trading at the top of its long term channel.  I will look to re-enter this trade on a move above $15.24 and if it breaks out of the long term channel of $15.75 I would expect this stock to move to $17.00 with a longer term swing number of $20.00

WATT:  Tim Sykes has written about this stock many times and it is trading right at resistance.  Watch for a pop above the $9.80 area, it could mean news is expected and could run back to the old high of $12.00 if the news actually does comes out.

CPXX: Always high on everyone's watch list, including mine.  Today was not much of an opportunity either way but it seems to have built a base at $11.00. It surged up before Easter and now had a two day pull back on low volume (positive).  If it holds the $11.00 base my target is $15.00 short term.  I am long bias on this chart but if the chart indicates short, I'll be there with the best of them.

CTIX:  Trades on the OTC.  Trading right near the resistance level between $1.95 and $2.00 Will look to go short this stock either on a push into these areas or G/R tomorrow. Risk $2.06.  Then re-enter in the $2.25 area if it gets there.

CENX:  It has had several false starts for me and has formed a descending channel.  I have written about it but not traded it recently as it has never quite met my entry levels.  I am watching it closely, though, as it can move big in a hurry. It needs to break resistance in the $8.50/$9.25 range. A break through this resistance could see the stock move to the $11.50/$12.00 range.   

FIVN: Stock broke out of short term resistance and closed above it at $9.34. A continuation of the push should put this stock into the $11.50/$12.25 range.  Big short position relative to volume with 8 days to cover. 

INO: Stock broke above a resistance level of around $8.00 and seems to have the energy to continue its move upwards.  I am looking for this stock to move to $9.00/$9.50 in the short term.  Big short position, relative to volume, with 9 days to cover.  Any kind of squeeze could see the stock trade to $10.50.

MNOV: Had a big run up in February and then pulled back in a descending wedge over the last month.  Today it broke out of the wedge to the upside trading to the February spike high.  The close was not as strong though pulling back to $6.34.  I will be watching for it take out today's high at $6.85.  I would look to enter on that break out with a target of $8.75/$9.00.  Short position, 4 days to cover.

NPTN: Broke out today, making a multi-year high closing at $13.35.  If this uptrend continues I am looking for this to trade at $16.00 in the near term.

VUZI:  A stock to put on your watch list.  It is mid range, but has been trending up the last four days with increasing volume and the chart is looking very positive.  It needs to break $6.75 where I would look to enter a trade with targets of $8.50.  Big short position, with 12 days to cover.