Watch List for March 19 2012

VPER - As clock work this stock broke out on Friday after consolidating for 2 days and close @ .0045. I hope everyone picked up some shares in the dip.. This week it will raise to at-least .008 + which will give another 50-70% gains...Still Merger news is pending for this stock on Mar 31.

Technical Analysis:

Nice Bullish engulfing Pattern on the daily charts which itself is an indicator that this will run short term :-)

SNDY - I like the way this stock is trading. It closed @ .0066. More importantly volume is solid which means liquidity is there. From chart perspective golden cross is getting formed in Daily chart, which means we can see more upside for this Stock. This will be a good stock for 30-40% gains this week..

SNPK - What  a crazy day on Friday. OMG unbelievable action from 3 - 3.15 PM. So that apart they released the much awaited news on Saturday. Lots of volatility in this stock. Please trade with a tight stop loss...

KMAG - Nice consolidation past couple of days. It held the support in .003. Next leg will start up on Monday I guess...

NQ - It closed @ 10.42.. Needs to consolidate now before targeting $11.50 .. I expect a pull back in early 9s before marching towards the 52 week high of 11.50

XOMA -  As predicted it close the week on 2.3 dollars. Now it has to consolidate before going for the next target of 2.74..I will be a buyer between 1.9 - 2.1 for this stock.