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Gotta Buy The Breakouts
By: Timothy Sykes   Monday, June 30, 2008 9:55 AM

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CNEH
I’m long 1,500 shares of this—if it breaks $4.69, I want $5+

Quantum Fuel Systems Technologies (QTWW)
No matter that I ripped this and all its gutter trash alternative energy wannabe friends the other day—that was just to bring some long-term perspective to this speculation—this thing is just a few cents from a potential big ass breakout. $295 is the high, but $3 is probly gonna be the big question as to whether or not it can break…70mil float, only 3mil short, not really gonna be a short squeeze, just alternative energy momo…def. might buy it as its consolidated nicely for a month (although it sometimes take multiple tries to breakout like CHQ and CNEH)

Beacon Power Corp. (BCON) & Hydrogenics Corporation (USA) (HYGS)
BCON trying to go vertical like HYGS, too many stocks with breakout patterns! Guys with balls are long all of ‘em as none are close to being shorts

BPI Energy Holdings Inc. (BPG)
Screw BPG…yeah I said it! Breakout my arse, do you guys not see the horrifically downtrending long-term chart? Have I not pounded it into your heads yet that those charts create bitter shareholders willing to sell into any bounce?

Tri-Valley Corporation (TIV)
Uhhh bounce after big spike & drop…not a pattern for me unless it continues bouncing—then I’ll look to short

JUHL
After tripling, it finally faded…too soon to say a big drop is coming, but definitely try to reserve shares to short

Eldorado Gold Corporation (USA) (EGO)
With gold breaking out, this is one speculative play, although waaaay too gradual for me

URRE
Chart says it all, breaking down, waaay too gradual/bouncy for me

IDAE
First down day, no panic, could be a fakeout, reserves shares to short just in case, short on dips with hope of panic, but beware of possible fakeouts


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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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