11.08.2010

Nov 9 - Tues.

Milestone Financial Investments L.L.C.
  1. JASO, +4.1% 
    •  It steadied between 9.70 and 9.80 into the second-half of night play. A pre-market open Tuesday may have potential in that 9.70 to 9.80 area. Sellers grew more aggressive tonight at 9.80 and above so longs may want to watch for any support levels to develop in lower ranges, perhaps closer to 9.50 to 9.65, an area where longs may be able to jump in and catch some upside turns back toward 9.70 to 9.80. 
  2. LDK, +7.9% 
    • The stock's tendency to reverse direction off evening moves would have us wary of betting too heavily on the long side of the shares tomorrow. With that in mind, there may be room for plays on both sides of the issue Tuesday. Shorts may want to watch for a potential ceiling level near 14.69 to 14.40, a range where some of the most aggressive sell liquidity of tonight's session moved into the shares. On the long side, buyers looked most confident tonight between 13.82 and 14.10, an area where a possible floor support could develop and perhaps see bumps higher into the lower 14s. 
  3. PCLN, +5.8%
    • The longer-term widening pattern and the stock's strong next-day moves on evening gains would have us looking at a long play on PCLN tomorrow, but we would also sound a note of caution as the issue did have some difficulty breaking north of 412.50 and holding support near this area. Early longs may want to eye possible upside entry points between 402 and 407.50, an area that could set up as a near-term floor support and perhaps see attempts to firm back toward 410. More risk tolerant longs may want to start the day closer to the 407.50 to 410 range in anticipation of the stock kicking off early trade closer to these levels and perhaps seeing some attempts to firm back toward 412 or higher.
  4. EGLE, +2.9% 
  5. WES, -6% 
  6. MDR, +2% 
  7. DXCM, -1.9% 
  8. RAX, -7.6% 
  9. SCLN, +7% 
  10. HOGS, +3.3% 
  11. SNTS, -14.9%