NO PDT BROKER

Thursday, October 11, 2012

Watch List for 10-12-12


BIOL- Amazing move today held 1.90 support and closed near highs. support 2-2.10. 2.40 break target target 2.70-3 bio stocks have been hot and still are.
VRNG-  Still holding its gains and the trial is oct 16 on a good uptrend support 4.70 i expect a Friday short squeeze because rumors still floating around possible buyout and that can happen over weekend.  possible 5-5.25 test on a break of 4.85 with volume.

USAT - Highest volume on a up day in over 100 days.  I expect continuation tomorrow  support 1.40 -1.50 target would be a 1.60 breakout and head to 1.80s + has a history of making big moves after big days.

CHTP- nice continuation pattern support 1.20.  1.30 break with good volume we can test 1.50-1.75. Bios have been hot and last time this made a 50% move off $1 support

CBIS- this chart caught my eye. holding most of its gains from the pops and is sneaking back towards .05. I feel this will make a big move soon first target .07-.08  on a clean .05 break with volume  former runner people like those. support .044

Remember this is just a watchlist and do not guarantee to be profitable trades. Use your own judgment when making the trade.

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