Dead on with $AUGT, couldn’t break $4.20 and provide good short down to low of $3.85. That was an easy 20-30cent/gain if you take it. The rest on my watch list were a bid buy idea so if you get in any of those please be patient with it and respect your stop loss. ADXS couldn’t hold $.16 this morning so it’s not in play. Some great alerts in chat today include: $FOGC, $CDMA, $NEWN and $HEAT. I found $HEAT around $1.38 and told the chat that it could re-test $1.60 and if $1.60 breaks then we are looking at $1.80.. oh boy it finished $1.92 for 49% gain! $CDMA alerted by Luis and $NEWN alerted by Tommy @$3.76 and hit a high of $4.20. Congrats to Tommy on banking this and the rest of you who took the trade. If you are not making $$$, please come and join us in chat for real time alert! For the members, if you have any questions about entry and exit point please PM me and I would be happy to help. Also please go to our Facebook page and LIKE it! Here is my watch list for Friday 22nd of July:
Tennessee Commerce Bancorp Inc. (TNCC)
Down to $2.53 which is really close to support $2.50. I think it is a good bid buy here and if $2.50 base and start to perk off from support, we might see $3.0 in a week or 2. However, stop loss should be $2.48 because next support is down to $2.25. So we are looking at down side of 5cents/share here.
Jammin Java Corp. (JAMN.OB)
Old pump that is dying right now but late day volume caught my eyes. Spiked from $.56 to $.78 with increase in volume. This might have another run like back in June 3rd. No real clear support here but multi-day run could send it to $1.30 in my opinion. PS. Most important thing on this stock is VOLUME.
SmartHeat Inc. (HEAT)
Great alert in chat today. I don’t think this is done yet because spike in volume will bring a lot of traders in tomorrow. Good support at $1.80. I am looking to get in on morning dip from profit taking and gearing towards $2.0 (Break $2 and pop) and I think $2.50 is possible. Stop loss $1.97 (if $2 breakout). Also looking to short this on afternoon fade! Yeah… long and short idea on the same stock, lol.
Agria Corporation (GRO)
Potential short for next week. This might have a bit more legs on Friday. It appears that this could be Inflation.us pump.So we might see $1.60 high, but I'll be looking to short this on the fade. This thing is going sub $1 sooner or later.
Origin Agritech Limited (SEED)
$5 break is the key here. I think tomorrow will gap up pass 5 and run. $5.50 is my goal. Watch pre-market action if you want to trade this.
AgFeed Industries, Inc. (FEED)
Back on my watch list again but for short potential this time. Very nice uptrend here and will look to short tomorrow on morning spike. Resistance at $1.90.
Siga Resources, Inc. (SGAE.OB)
This thing just needs more volume and it is going to pop here soon.
