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Feb 7

Feb 7, 2007

Today's top gainer in Nasdaq in BLUE. Originally, it was going to be profiled today, but it already went up 33%, so I will wait on it. The next entry point should be at around $2.

Several stocks had breakout session today including AIRT and ATEA. The pennant pattern is broken to the upside on high volume on ATEA. The 200 MA should become the support now.

AIRT will report its earning tomorrow before open. Share price indicated a possible breakout, but it lacks the volume for confirmation. Earning tomorrow will influence this low float stock greatly.

FFHL shows a sign of reversal on higher volume, but it failed to close above $12 today. There are a lot of sellers/shorting on it.

PNTR is still trying to break the $12 resistance. Once it does, it should reach $14 to $15 next.

Published Thursday, February 08, 2007 2:13 PM by itradestation
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