TASR, GOAM, ABLE, FUEL&GEOI for Mon

TASR:

• This swing king finally did its long-expected run today boosted by the U.K approval news. I missed most of the run today since my stop-loss was taken in the morning and re-bought at 12.65&13.05. MMs did a great work driving the price down in the morning before the news hit the wire and I guess many poor investors got their stop-losses taken and missed the boat. Anyways, this is just the way game is being played in the stock market right?
• Back to the technicals, as you can see from this chart, TASR broke out of the downward descending channel (started from mid-Jan) with large volume. Stochastics start bouncing off oversold conditions and MACD is approaching the centerline. Looks like it is heading back to 20s soon, urh?
• Dont get too excited at the moment. There's still a long way ahead for this to happen. If you look at the chart closely, its price is currently sitting almost 10% below 200MA (15.11). Longs really need to push it through this point and its price has to consolidate above 15 for several days or even weeks before the next run-up can happen. Although the news is great and we are bouncing off from the lows, whether it can hold today's gains in the next few days is what matters most to the bulls. So my suggestion is hold at this point, take your profits/cut your losses if it touches 200MA on Mon but failed to hold there, and wait for the pullback to re-enter.
• http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=tasr&sid=0&o_symb=tasr&freq=1&time=6
• http://clearstation.etrade.com/cgi-bin/details?Symbol=tasr&Refer=http://clearstation.etrade.com/cgi-bin/delisted_symbol%3fSymbol%3dtasr%255C%26Event%3ddetails
  

GOAM:

• I'm expecting a follow through run on this momentum stock on Mon after today's breakout. Two entry points here: for swingtraders, get in as close to 9 as possible at the opening and place a stop-loss below 8.9; for daytraders, get in upon break of 9.4 . I'm looking at 10.5-11 to unload.

ABLE:

• Jumped out at high 12s with a little bit profit today but I still expect another rally coming early next week. As I've said a week ago, I see crude oil futures heading to $60/barrel mark in the short term and it looks ready for another run after the past 3 days' selloff.
• I believe ABLE has the capability to run to 16s as long as it holds 11.4 . So anything close to 11.5 is a strong buy for now and my stop-loss will be below 11.4 .

FUEL&GEOI:

• Similar as ABLE, I have a short-term target of 2.8 for FUEL and 12 for GEOI.

Stay tuned and Have a nice weekend!