Potential Plays After Intel Posts Solid Earnings
AM $13.50 -> Has been on an uptrend ever since its positive earnings release spiking from 6$ to now 13.50$. No play here until we see some serious selling, though RSI points to overbought levels.
APWR $8.80 -> APWR got a big contract recently which let to it spiking from 7.20 to 8.40. However it finds alot of resistance below $9.00. If it can break out if that resistance it has room to run up alot. Potential buy on break of $9.00
DAN $2.14 -> DAN has almost doubled in a week. How long can this crappy auto retailer go up ? Every pump has been eventually sold into. I see nothing different this time too. Potential short on selling activity.
BGP $3.90 -> BGP faces stiff resistance at $4.00 but bounced off nicely from the 50 dma which is now a solid support line.
USU $6.16 -> Big pop followed by another up day, but with declining volume. Eventually sellers will step in. Wait for reversal. Keep watching.
VHI $9.61 -> Another one of those stocks that pumped higher on short sequeeze. Big pop followed by another green day. However volume is fading and will be potential short on any selling activity.
CAST $6.94 -> Struggles to keep above $7.00 and critical $7.50 resistance. Breakout above $7.50, but short below $7.00
XRTX $6.33 -> Broke out and looks ready for more gain. Short only below break down of $6.00 otherwise potential buy.
TRGT $7.09 -> Up 130% for the day. No trade, keep watching to see follow up day.