June 19th and Weekend update
8:48 PM Posted by MH
Positions traded for a lose : sold CNLG for 13.33% $1400 loss
Holding positions : MPG / VG / NWD / FTK / GNVC / KFN / MGM / CRXX / DSCO / COIN / YRCW / NXXI / ONT
Pretty boring last week and we were at right below 200MA on last Friday. I think we going to see big break out(up) this week, we need to break out 8600 first tomorrow or on Tuesday. If we don't see a break out, we could possibly drop down to 8372 which is 50MA BUT we defenitely gonna pop from that level, so don't panic sell on the dips.
Two new picks on Friday
NXXI - looking for .35 - .40 next week
ONT - nice break out on last trading hour on Friday. $0.65++++ target. Nice triangular fomation on chart look at the below.
Watch for Tomorrow
ONSM - same sector as ONT, chart look very bullish last couple of days, looking for $0.40 + target.
OCNF - cheap shipper, crushed (?) last week, let's see we could see pop this week, $2+ target
-Market Hunter
