Updates on HRT, ANTP, AIRT, ISON, INCX for Thursday

HRT: I still maintain my short-term target of 22.5 for this stock so 17-18 looks like a great accumulation range to me right now. My stop-loss will be set below 16.7. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=hrt&sid=0&o_symb=hrt&freq=1&time=6 ANTP: I'm interested in buying ANTP at around 15.5 tomorrow with a stop-loss just below 15. 18 or higher is where I'm going to unload. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=antp&sid=0&o_symb=antp&freq=7&time=18 AIRT: I expect it to reach an intermediate low in the next day or two. My accumulation range will be around 14 and stop-loss is below 13.7. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=airt&sid=0&o_symb=airt&freq=1&time=6 ISON: I believe this security momentum stock is extremely oversold right now and it can easily bounce +50% from this level with just a little news/rumor. I will be accumulating it tomorrow hopefully at 1.6 level. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ison&sid=0&o_symb=ison&freq=1&time=8 INCX: I will keep a close eye on INCX tomorrow. If the earnings come out great, it is gonna be a wild ride back to 15+. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=incx&sid=0&o_symb=incx&freq=1&time=7 Trade well tomorrow!

Updates on TASR, VEXP, BOOM, TZOO

The sluggish behavior of the major indexes for the past week indicates there's probably more downside ahead. I anticipate a re-test of 1900 for NAS and of 10000 for DOW within next few days so make sure your stop-loss is always in place when longing stocks esp those with high volatility.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=nasdaq&sid=3291&o_symb=nasdaq&freq=1&time=7

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=djia&sid=1643&o_symb=djia&freq=1&time=7

Now let's take a look at some good longs for tomorrow:

TASR:

• Its chart looks good here and the momentum is getting stronger. As we can see from the following chart, there's a gap at 11-12 to be filled. I expect it to continue building strength in the next few days IF major indexes stay above their support.
• I accumulated some shares today at 9.06-9.12 and I will buy more tomorrow morning if it opens low. My stop-loss will be just below 8.9.
• http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=tasr&sid=0&o_symb=tasr&freq=1&time=5

VEXP:

• I expect this momentum stock to reach 7.5-8 tomorrow due to continuous momentum and strength.
• I bought some shares before the close today and will buy more in the morning around 6.5. 6.25 will be my stop-loss.
• http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=vexp&sid=0&o_symb=vexp&freq=1&time=4

BOOM:

• BOOM looks like a good short to me at this point with a short-term target of 20.
• I will short it as close to 29 as possible with a stop-loss just above 30.
• http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=boom&sid=0&o_symb=boom&freq=1&time=6

TZOO:

• I'm interested in buying TZOO at this point with a stop-loss below 28.8.
• Its chart looks great with little downside risks and 40 is my short-term target.
• http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=tzoo&sid=0&o_symb=tzoo&freq=1&time=6&x=48&y=18

Good Luck with your trading and stay tuned!

Updates on HRT, AIRT, VEXP, IPIX

After a little bounce from the supports yesterday, Dow&NAS are now back to their recent lows again - 10000&1900. Watch carefully for these supports tomorrow if you are holding a long position or trying to take a long position...a break of these levels could really make things nasty and you'd better take your cash and run if that's the case. Here're the potential runners for tomorrow: HRT: Buy upon break of 19.2 and 22-22.5 is where I will unload. Stop-loss will be set below 18. AIRT: If you didn't get in at around $14 as I've mentioned 2 days ago, here's a daytrading opportunity for you. Get in as close to 15.8 as possible in the morning with a stop-loss below 15.5. Next resistance is at 18-18.5. VEXP: I'm going to daytrade this stock again tomorrow if it reach low 5s. An easy 20% gain if that's the case. Stop will be set just below 5. IPIX: I'm interested in buying IPIX as close to 2.5 as possible tomorrow and 3-3.25 is where I'm going to unload. Trade well and stay tuned!

Updates on ISON

If it breaks 1.9 today, I will get out and re-enter before the close (probably at around 1.8). There's a possibility that management to release a PR soon to prevent their stock price from falling so quickly. Let's see if the news is just around the corner.

HRT, BOOM, VEXP for Tue

HRT: I will daytrade this stock tomorrow if it can break $19 with large volume. $22 is where I'm looking at to unload and stop-loss will be tight. BOOM: I'm interested in accumulating it starting from tomorrow at prices as close to 20 as possible. I expect a short-term bounce to $30 within a week. VEXP: Today's action was impressive taking into account the roller coaster movements of general indexes. Looks like momentum traders are back on board with almost 2 million shares traded. I expect another up-movement tomorrow and resistance is at 7.5-8. Good Luck for tomorrow!

Stocks to Watch in the week ahead

After the past 3 days' huge selloff, I expect the general indexes to hold 10000&1900 and consolidate in the coming weeks. I believe Dow&NAS are both approaching the intermediate low and this selloff looks like a great opportunity to reload for the bulls. Now let's take a look at some stocks which are poisted to move next week: TASR: This non-lethal weapen manufacturer suffered substantial loss in sales in the first quarter due to its negative publicity and lowered its revenue estimate to approx. $10 million compared to consensus of $13.64 million. I believe all of the bad news have already been priced into the stock and $12 is my short-term target for it IF the earning coming out on Tue either beats the consensus or roughly meet the consensus. Otherwise, I wont touch it till it reaches 7 or below. AIRT: This momentum stock has reached its intermediate support (around 14) with low volume. I'm interested in accumulating it at this range on Mon and 16-17 is where I'm looking to unload. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=airt&sid=0&o_symb=airt&freq=1&time=6 ISON: ISON looks like a bargain to me at current price level and I'm going to start accumulating it on Mon at prices as close to 2 as possible. I'm going to hold it as long as it doesn't break 1.9 with large volume and +100% gain is what I'm looking for in the short-term. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ison&sid=0&o_symb=ison&freq=1&time=8 ANTP: I'm interested in daytrading this wild stock tomorrow to 20. I will buy when the selling pressure stops and bids become strong. Tight stop-loss is strongly recommened in playing this one. VEXP: I'm also interested in buying VEXP tomorrow with stop-loss set below 5.8. With this downward trending line getting smoother, I see an imminent bounce with large volume in the next day or two. My short-term target for it is 8-10. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=vexp&sid=0&o_symb=vexp&freq=7&time=18 Trade well tomorrow and stay tuned for updates!

VEXP, Oil Stocks for Thur

Today's big selloff of major indexes indicates that the market might wanna go down a little bit further from this level. So watch carefully for their next stops: 10250 and 1950 and I think cash is probably the best option for Bulls now. VEXP: Its chart looks much better today compared to yesterday. Momentum stays strong and the price held up well considering the huge market selloff today. I'm still expecting a strong bounce back to 10-11 very soon IF the general market is able to hold this level of support for at least a while. Two entry points here: as close to 7.5 as possible with a stop-loss set just below it; upon break of 8.65 with large volume with a tight stop-loss. See my previous post and comment about Oil Stocks GEOI, ABLE&FUEL. Trade well tomorrow!

Re-entry on GEOI, ABLE & FUEL

I expect Crude Oil Futures to hold $50/barrel for now and looks to me that a bounce back to 53-55 is due soon from this chart. http://www.wtrg.com/daily/clfhl.gif Entry points for GEOI, ABLE&FUEL are as close to 9, 8.5 and 1.85 as possible with 25 cents stop-loss for GEOI&ABLE and 6 cents stop-loss for FUEL. I'm looking at +20% return on each of these stocks before the end of next week. Good Luck!

NGPS, VEXP, ANTP, GRU for tomorrow

NGPS:

• I expect NGPS to hit 25 within a week and I'm interested in buying this stock at around 20 tomorrow.

VEXP:

• In and out of this stock for the second time today looking for the short-term bottom. I believe consistent effort and patience are necessary in doing bottom-fishing esp. for a 'big fish' like this one.
• I'm going to try it again tomorrow and 10 is the target I'm aiming at.
• Again, always be cautious and disciplined on cutting losses on fast moving stock like VEXP. It went up from 4 to18 in one day means it also can drop to 5 or lower with a blink of eyes.

ANTP:

• I expect ANTP to hit 30 or higher in the next day or two. So here's my buy point and stop-loss will be set below 26.

GRU:

• I'm also interested in buying GRU in the morning at around 16.5 . Stop loss will be set just below 15.8.
  

Good Luck!