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We missed the first huge run that ???? made not too long ago. But now that price has consolidated forming a great looking symmetrical triangle pattern i think this presents a great opportunity for round 2 in the stock as energy stocks remain strong along with new estimates that OIL could reach $200/barrel. I want to go long this stock Wednesday in anticipation of the breakout and further bull run .

Technical Analysis:

???? made a significant run in April with increased volume along with the largest amount of volume spiked today which is a bullish sign. Although price failed to pull through on the breakout today. I think we could suspect a little bit more consolidation from here and a breakout above todays high of 1.25 should resuslt in a strong upside move for us to capitalize on. I want to go long this stock on a breakout above 1.25

Technical Analysis:

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???? is forming an awesome looking long term ascending triangle pattern along with a shorter term cup and handle formation in the making. I’m anticipating a breakout of the 2.62 neckline in the near future so a BUY was issued on ???? today with an entry price of 2.44 1/2 position fill.

We’ve been watching ???? for past few weeks waiting for the breakout of resistance and we finally got our chance for entry in this stock on the breakout above 1.26 resistance. I issued a buy alert near the close and entered at 1.36. The chart broke out of a great looking bullish trading channel with a short term price target near $2/share. I only bought a 1/2 position and will be looking to buy the second 1/2 if given the chance on a dip near the breakout/midpoint of mondays candle near 1.27.

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???? is making a very bullish breakout above technical and psychological resistance at $1. The huge spike in volume today indicatates that it is likely to continue higher from this dollar area. Along with a postive fundamental outlook this is a recipe for profits in my book. ???? released very strong earnings which sparked this rally with some of the highlights as follows.

Revenue Increased 167% to $7.2 Million; Net Income Up 1016% to $2.0 Million -

“Our sterling performance in the third quarter demonstrates our ability to increase sales quarter-over-quarter and achieve profitable growth. Our revenue growth and substantial increase in net income are based on a number of factors, including increased customer demand for our products, expanded production capacity and stricter cost control.”

“For example, we started batch production for “……..” in February 2008 and expect to secure our first order and begin production in May of 2008. Based on our current and projected customer base and product lines, we are on track to more than double our revenue and net income for the full fiscal year 2008 compared to fiscal 2007.”

Technical Analysis:
As price is extended there is always the possibility of a pullback from here. But this is a very bullish breakout on heavy volume signaling that bullish momentum is very strong at this point. So i want to buy a 1/2 position Friday to catch the train if this runs big, as well as limit risk on a pullback so that i can average down if it does occur.

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???? is forming a great looking ascending triangle pattern which should result in a strong upside move of around 20% near .80 resistance if price breaks out from its pivot point of .68. If price breaks above .68 we’re going long and strong with a short term profit target near .80. DO WORK SON!

???? made an awesome breakout to new all time highs today on the companies record trading volume. Buy alert was alerted Via Power Hour trading board when price was at 2.25. Todays closing price is 2.45.

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NCEN made a nice recovery today with price finding support near the 13ema trend indicator. I alerted we should go long NCEN again for the rebound via shoutbox as we neared the close. Im in for 1/2 position at 2.82

SGN is forming a killer looking chart pattern here in the works of a Cup and Handle formation on the verge of making its final move to breakout from its handle at 1.26 neckline resistance. With these spikes in volume on the second half if its cup i feel confident that we should see price make its move to bust through 1.26 so i want to buy now before the breakout even occurs. As price already broke through its short term pennant formation today initiating  a short term buy signal. So i’m going long SGN Friday.

SYNM is a similar pattern to SGN yet a little more volatile and liquid which is what i like to see. Price is currently trading tightly in a bullish pennant formation which should result in a strong upside move if it breaks for the bulls. I want to go long SYNM if price breaks the 1.26 neckline resistance mark.

AGIX treated us very nicely not too long ago on its last run where we capitalized on a 37% gain. Since then price sold off and has been in an ascending consolidation form a decent resistance point at .90. If price breaks out from this .90 resistance mark i think we could see a decent short term move where we could make some quick easy money with a profit target around 1.10 - 1.25. If price breaks out above .90 i want to go long again in AGIX.

this stock chart has a beautiful pattern that we should be able to capitalize on a significant %gain trade near 20% or more as a very strong resistance mark was breached at 2.59 today. I went long at 2.71 in the last 1/2 hour of trading today.

providing us with a backbone to this momentum was a strong earnings report released on the 31st.

China North East Petroleum Reports Fourth Quarter and Full Year 2007 Financial Results
Monday March 31, 8:30 am ET
- 4Q07 Revenue Increases 539% to $7.7 Million
- 4Q07 Net Income Increases 323% to $2.1 Million
- FY07 Revenue Increases 266% to $19.5 Million Compared to $5.3 Million in FY06
- FY07 Net Income Increases 439% to $5.1 Million Compared to $952 Thousand in FY06

I can dig it. Lets go long like donkey KONG!

Some members brought CNOA to our attention during last fridays session as CNOA was making a very bullish move and forming a very attractive technical set up that should make us some money. As well we have the recent release of Q4 and FY 07 results to help back up this move.

“Net sales for the full year 2007 were up nearly fourfold to $44.5 million compared to $9.0 million for the full year 2006. Full year 2007 net income was $13.5 million, an increase of $10.1 million, or 297%, from the full year 2006 with earnings per share increasing to $0.26 earnings per diluted share compared to $0.07 per diluted share for the comparable period in 2006, based on 51.6 million and 51.5 million diluted weighted average shares outstanding, respectively. Please note that the 2006 share count reflects an adjustment resulting from the reverse merger that took place in March of 2007.”

I purchased CNOA near the close at 1.33 . If this breaks out from resistance at 1.43 we should see this move easily towards $2/share imo.

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SKNN.OB, i wish i would have bought a little Thursday but i was busy with answering questions i didn’t notice it until it was too late to hop in. But this chart is just too sexy to pass up. Hard to say whats gonna happen tomorrow. But i want at least a little taste to see what this thing can do as i think this could easily run near $1 on momentum alone. I wanna buy 1/3 position and take this for a test drive starting Friday morning.

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NCEN has an extremely bullish chart that i’m willing to bet we’re going to make at least 20% on this trade in a short period of time. The volume indicates that we should see some strong upside movement in the near future busting through that neckline resistance of this ascending triangle pattern. Not too mention wind powered energy has been putting its foot through the door of alternative energy. Going long and strong NCEN.ob tomorrow.

KIRK made a very impressive breakout today which provides us with a lot of momentum to capitalize on. I alerted that i was buying this stock around 15 minutes before the closing stating im purchasing a 1/3 position when the stock was trading near $1. In the last minute of trading things became very active with 400K + shares traded (over 1/2 the daily total volume) giving another boost in share price to close the day at 1.08. I went long and strong at 1.02.

SYBD has been bull listed several times in the past few weeks and finally hit a strong trigger buy price on the breakout of its symmetrical triangle at .75 today where i suggested to go long. This breakout should spark some strong momentum surging price near $1/share where we should look to take our profits.

CMOS is another stock that we bull listed a week or so ago with a trigger buy price of 1.50 on the breakout of resistance. CMOS barely closed above resistance today at 1.51 but the chart looks strong and could easily result in a strong trade as this stock is fairly valued within its industry near 3.50 and technical we could see price run to the gap fill around $2/share.

UCFC made a great looking ascending triangle breakout on thursday with volume backed confirmation suggesting a higer probability that this breakout will continue its run from here. We should be able to pull 10%+ on this short term trade with next resistance level around 7.50 . I want to long UCFC monday.

SSRX is has formed a strong bottom pattern which could result in a great opportunity for us to make a short term swing or day trade if the trigger buy price of 8.80 is breached. This would suggest the possibility of the gap being filled near 10.75 which would give us lots of room to capitalize on some nice gains. I want to go long on a breakout of 8.80. Watch for strong gap opens as we don’t want to chase this thing on a gap open and watch it decline from there.

Last but not least is WPL which will likely be the most volatile of these 3 day trading oppotunities. If and when price breaks the resistance mark of 2.05 i want to go long on WPL. Once the position is opened, if price makes a run above 2.40 i will enter a stop loss on a breakdown of 2.40 as i want to avoid getting caught in a false breakout which would result in a bearish shooting star candle.