Chat room was heating up today! Nice alert from Matt on $SAPX… a huge winner for our members. Also if you haven’t done so please go to our Facebook page and LIKE it. My yesterday’s watch list BWOW, CEU and PCFG were doing good today and I think I need to stick with my watch list first and if they don’t play out then I can go find new trades on scan. I am holding a very small position of ASTI and SRCI over night and will look for 10% gain on ASTI, but SRCI was a promo speculation so my first target is $1.00 or stop loss @$0.67. So here is my watch list for Tuesday 26th of July:
Seven Arts Pictures plc (SAPX)
Many people have shorted this before close include InvestorsLive, but I think they are too early like $SINO that everybody got squeezed from $5 to $8 and we can take advantage of morning squeeze for a quick profit. So pay attention to pre-market action tomorrow.
Allied Irish Banks plc(AIB)
I like the trend changing here. Normally I don’t really like to play financial sector but the chart looks good. Might see spike to $2.25 but if $2.0 couldn’t hold tomorrow then I wouldn’t touch it. Can be potential short on $2 breakdown.
Atrinsic, Inc.(ATRN)
Runing up on good news with huge volume. When I see a big green candle perks from support I like to play it the next day because I think most of the hot plays can go multi-day run.
LRAD Corporation (LRAD)
Nice chart here on the uptrend. Finished green on the day but after hour pulled it back down to red. For me this is a good sign for a bounce play tomorrow. I would like to see this gap down sub $2.90s preferably low $2.80s then perking r/g. One of IL’s favorite patterns. Learn it!
Akeena Solar, Inc. (WEST)
Looks like this is setting up for gap and run again. We all knew what is this stock capable of doing from the chart back in June. I think it is going to gap over $6 and spike re-test $1.8 then reload and consolidate a bit just below $1.70 and gearing/perking retest $1.8 and break to $2. If it gaps down then this might be a flat trade all day.