Watch List 7/22/2016: $SPU $HDSN $GNK $RSYS

$SPU – Couldn’t locate a borrow with either account on $OPTT & $KONE so this will be a top watch for Friday. The 3-day uptrend in this name is pretty remarkable considering it was halted by Nasdaq @ 7.50, tanking immediately down to $5 Monday. Would look to short on a break of that support trend line.  […]

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Watch List 7/21/2016: $OPTT $ZAIS $SPU $OPGN $HDSN

$OPTT – Massive breakout over $10 on volume. Would look to short this soon, but borrows have been hard to locate. Wouldn’t be surprised to see this run more. Historically moves have lasted 2-3 weeks to completion. $ZAIS – This name gets interesting long if it can re-capture $3.50. Trading in sympathy with $OPTT and […]

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Watch List 7/20/2016: $SYNC $VR $RSYS

$SYNC – Consolidating near $3 after a huge gap up on volume. Watch for a break above or below these support levels. $VR – Looking for a break above yesterday’s highs and then potentially all time highs. $RSYS – Broke out above $5.00 and starting to pull back. The next few days may provide a re-entry long. […]

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Watch List 7/18/2016: $MTCH $REN $OPTT $SPU

$MTCH – This one is lining up across multiple time frames. Both the 5-min and the daily 2-year chart look outstanding. Resistance at $16.35 has been hit in 3 of the last 4 trading days with up-sloping support at the 50 day moving average. Earnings are July 26th after market close with 28% of the […]

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Shire (SHPG) Still Targeting Undervalued Baxalta (BXLT) To Form Rare Disease Powerhouse

Buyout Offer Timeline & Statements August 4th 2015 – $45.23 All stock offer of 0.1687 ADRs for each Baxalta share. – Rejected “As a new, publicly-traded entity only since July 1st, we are just in the initial stages of implementing our growth strategy as a standalone company and our stock has not yet achieved a price level that appropriately […]

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Market Vectors Junior Gold Miners (GDXJ) Looking To Bounce

Junior gold miners may have more room to fall from here, but the chart above certainly shows that the selling may have stalled for now. A break above the downsloping resistance trendline accompanied by an increase in volume usually means higher prices ahead. An entry in the low 20’s would be a backtest of the 5 -year resistance trendline and a […]

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Adecoagro SA (AGRO) Top Soros Small Cap Holding

Adecoagro SA (AGRO) has been in a power channel uptrend since February 23rd. It looks like it may tag its bottom channel support trendline today around $9.90. AGRO is a favorite pick of billionaire hedge fund manager George Soros, Soros Fund Management – owning 22% of outstanding shares. Look for a bounce below $10.00 this week off the […]

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Kandi Technology (KNDI) Shelf Offering Fears Limit Upside Short Term

  Kandi Technologies (KNDI) reported records earnings, but short sellers aren’t covering just yet. Looking at the technical picture, the spike in share price and volume on February 17th was due to an announcement that the SEC had closed their investigation into the company. Furthermore, that the regulator wouldn’t take any enforcement action against the company. The […]

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Burlington Stores (BURL) Launches Debt Refinancing

Burlington Stores recently announced the launch of a debt-refinancing transaction and updated its comparable same-store sales guidance for the second quarter. BURL guided to a higher range of 3%-4% growth from a previous projection of 2%-3% growth. Although gross margin is expected to be similar to its previous quarterly guidance, Burlington did announce an expected […]

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