SCON- This spiked from 0.18 and broke its recent range at 0.24. If it breaks 0.27 then it can spike to 0.32 a nearly 20% win. But I hope it comes back down to 0.26 and holds it there. Then it could really spike to 0.32.
EP: 0.2598-0.2650
SL: 0.2550
TP: 0.32
R-R: 6:1
CLRB- I was right on this stock but I was caught up with NETE. I should have bought this as planned. It closed above previous day’s break out level, which was 3.90. But I doubt this hype could continue. Volume is still huge but less than Friday’s. If this fails at 4.3, then we could see low 3’s in few days. I will dip buy this into a morning panic ideally at 3.05 in next few days. I doubt it can tank so much tomorrow.
EP: 3.05-3.10
SL: 3.00
TP: 3.40-3.50
R-R: 3:1
GSAT- I bought at the top of 2.68 today and down a bit. But it has broken its downtrend by making higher highs and higher lows. I think this can spike in few days, we just need a bit more volume. I am going to swing it to 3 and my risk is when it breaks the slight uptrend. If it breaks 2.60 tomorrow, then I am out.
EP: 2.68
Sl: 2.59
TP: 3.00
R-R: 3:1
ARRY- It tried to break 3.37 but it couldn’t. Then it dropped to 3.29 which was yesterday’s high then tried to spike to 3.37 but it couldn’t break that. It then dropped more to 3.26 and closed there. Although it faded today, but it closed at yesterday’s high which is very bullish as it is a sign of consolidation. I think this can break 3.37 this week and have a retest back to 3.75
EP: 3.37
SL:3.32
TP:3.75
R-R: 7:1