SYNC – good contract news up big in AH. UP almost $1.5, nice support at 3.06, 3.26. watch for play if it approaches those levels. Watch for 3.62 break, nice 20 cents upside and low risk because it has a strong catalyst. Massive long term resistance at 3.51.
LGCY – up from 2.60’s to 3.30’s because of good earnings. Watch for a dip at 2.77, could be a good bounce play. A dip to 3.00 could be a good play as it has prior resistance, could lead to 50-80 cents of upside.
ZNGA – Too big market cap, no play
PTX – Releasing earnings today. Support at 0.7874, if it dips below that no play. Down in PM but Holding support well. Massive long term resistance at 0.8384, a break about 0.84 with good earnings could start a nice run. (bad earnings result)
ADGE – iNVESTOR bought 19.2% control on april 29th, on may 4th the company announced significant reduction in debt. Spiked from 0.26 to 0.62. good support at 0.38, if it holds could be a nice bounce play for 0.05 – 0.20 cents. SL at 0.36
AEHR – strong resistance at 1.74, need s more volume. No catalyst. Has a good intraday range of 0.50 cents. Watch for 1.74 break, 10-20 cents upside.
CRNT – no news catalyst. Yests volume was 10 times more than 30 day average volume. Strong resistance at 1.32 which is 100-day high, watch for a break of 1.33 for 5-20 cents move. Stop loss at 1.29.
UNXL – new contract with Japanese client. WATCH for break above 1.78, dip buy at 1.69, if support holds. With tight stop.
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