REPOST: Stock Watchlist - 4/21

This is one of my Watchlist posts from Tuesday of last week (4/21). All of my subscribers have full access to these daily posts, but I wanted to share this with the public so that you can get small taste of what Zero Sum Trading is all about... providing you with genuine, informative, actionable content on a daily basis.

Ocean Power Technologies $OPTT was on the W/L Sunday and this stock is back int the spotlight tonight. Just looking for the breakout over .70 cents. Will text if we get it.

OPTT Chart Link

JAKKS Pacific $JAKK, a children's toy maker, reports earnings before the open tomorrow. This is an earnings short-squeeze play over that range you can see on the chart. Low float 12 million and 58% of the float is short. Look what Hasbro did today. I will text if the numbers are good and it starts running.

JAKK Chart LInk

Micro biotech player Venaxis $APPY might finally be ready to run over that wall at .54 cents. This could be a solid momo play Tuesday if we get strong volume early and clear .54 with conviction. Bounced off the 20-day today with decent volume. Looks ready.

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APPY Chart Link

Beaten-down data management player Sphere 3D $ANY bounced again on Monday with decent volume. I still think that hammer candle from $2.98 low is the bottom and this getting ready to rock. Downtrend line has now been cleared so watching for a decent push over $3.68 to $3.90. That $3.90 level is the big one to watch. I wouldn't want to be long this on a flush under Friday's low that sits below $3.40ish on a closing basis.

ANY Chart Link

Alternative energy player FuelCell Energy $FCEL had a nice pop with volume Monday right off its 50-day moving average of $1.29. This pop is starting to push FCEL above its downtrend line from $1.45. Watching for a breakout trade over $1.36 and then of course that big level of $1.45. $1.28 and then $1.25 are support.

FCEL Chart Link

Back on the watchlist again is Telecom equipment player Sonus Networks $SONS. This oversold beaten-down chart is starting to show some signs of life. Looking for a strong volume move over its 20-day at $8.17 and then some key resistance at $8.20. Big bounce potential if this gets volume and goes. There's been some unusual options activity in this one as of late as well.

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SONS Chart Link

Biotech player La Jolla Pharma $LJPC is setting up to break out above its recent range here. You can see this $17 area has held as support and now we're looking for this stock to clear $19.30 and then around $20 with volume. The 50-day i at $19.97 and it closed over its 20-day Monday at $18.68.

LJPC Chart Link

Cyber-Ark Software $CYBR back on the W/L again for the same breakout setup. Looking for a strong volume move and close over $63.88 to around $64ish. Looks ready.

CYBR Chart Link

Last but not least is Apple $AAPL, which just held that uptrend line by the skin of its teeth. Purely a breakout play now over $128.50ish to $129.25 and then right above $130ish. Could be a good options play setting up here for recent high test of $133.

AAPL Chart Link

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Posted to Zero Sum Trading on Apr 30, 2015 — 2:04 PM

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