Think about the future, but live in real time :-) Anyway lets work and prepare some good patterns for Monday! Here some pennystocks for Monday. List will be upgraded with stocks for other trading styles.
MNKD - already posted a chart. This company had earnings on 4th May after market. It already hit all possible highs :-) , so lets look for a short. Ofcoz, when it one more time will hit 6.94 high thinking buy is not be good for this stock. So looking for 6.27 level breakout to short.
NCS
We closed on NCS at 7.5 high made by earnings. Now this stock in a good range. Lower board of range is 6$ level.
FITB
This stock had speculative growth after publicing stress test results.
Look to 8$ breakout for short.
AHD
Growth on 5th May due to earnings. Short breakout @2.75. But profit potentional are not high. Will see.
AXL
Grew 170% after DeutcheBanks upgrade. Short @4$ breakout.
HEB - grew after their medical preparat were approved. But do we have good potentional to go down?
TVL
Grew without news
HBAN
Grew with now news. Breakout @5$ short
LMIA
Last trade day earnings were realesed. Trading breakout of range.
COT
Grew 250% after earning relalesed on 1st May. Look for breakout @3.9 . Daily chart for better seeing here.
Saturday, May 9, 2009
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