Jan. 5, Weekly setups: Biotech blasters

Many of the stocks coming up in my scans are biotech companies So I wanted to see if we can find some that are gearing up for bigger moves.


CARA, 19 Mill float. Just aded to biotech index in December. 
clinical-stage biopharmaceutical company, focuses on developing and commercializing chemical entities designed to alleviate pain by selectively targeting kappa opioid receptors.

Nice range break on weekly with some vol. I could see a run up to 13+ before any resistance.

Can be bought with a stop at consolidation zone lows

CERS: Float 76 Mill (a little high to expect huge power but strength of setup warrants a look.
Love this setup.  some power and two failed weekly pull back attempts.

 Its INTERCEPT Blood System is based on its proprietary technology for controlling biological replication and designed to target and inactivate blood-borne pathogens, including viruses, bacteria, and parasites, as well as potentially harmful white blood cells, while preserving the therapeutic properties of platelet, plasma, and red blood cell transfusion products

Approve by FDA.  intercept  approvals will allow blood centers to take a more proactive step toward reducing the infectious risk from a platelet or plasma transfusion.”

Deals with Baxter,
could be used in every blood center, in U.S. and Europe.

GERN:

Weekly shows consolidation in a wedge but the daily shows something I really like.  A gap hold.  it \ This tried on two pull backs to push lower but found support in the 2.90s.  If the Momo returns this could go quite a bit higher.  The pattern is still young but the R/R would allow s tight stop.

I'm already in this one from daily set up, but this was a very clear and powerful break on a weekly chart as well.  With some volume now behind it I would not be surprised to see a shot at 6 or more.

Jan 5. Range Exp. Setups

Some range expansion.

AEM
AERI
ASPN
BCLI
CNV
JOB
LEJU
MARK
MOMO
MPG
NEWR
NOAH
ONDK
QRHC
TROV
ZAZA

Watch List-- January 1, 2015

NOAH 

This has the potential to be a whale especially as the Chinese markets sky rocket. I've bought the 10MA pull back but would look to add if it it takes out the weekly high. 

RESN:
Developmental Tech co.
collaborating with Skyworks on RF Modules

Resonant believes it can replace a $0.62 BAW duplexer
with a $0.28 SAW duplexer.   If successful, this would truly be a game changer.  It appears that RESN is very close as they have already passed their 3rd milestone, which was supposed to be the most difficulty.

I like the fact that the  CEO put in his own money in and are working for free until funding is secured:

"The founders contributed $200,000 and agreed to work full-time without pay until we secured adequate funding.  STI contributed a patent portfolio, software, equipment, temporary office space and an early version of our first development agreement."  (10-Q, 11/12/14)

That's confidence. The street is starting to take notice and volume is picking up.

Stocks with Volume surges off Bottoms

BCLI:
massive volume surge

Volume picking up, some RSI power here

Neon

Weekly Consolidation in Uptrend:
A volume surge in June.  I like how tight this range has gotten.  Can be bought with a 4.00 stop.

ERB, looks to be breaking out of consolidation, volume has not come in yet.
Medical diagnostic company
Float 7.91M 
Potential catalyst -- going into Brazil  new markets = new opportunities. 

FBIZ:
Breaking out of a 10-month wedge on weekly charts
Float: 3.69M
Wisconsin Banking co. recent acquisition gives Access to Kansas City. 
Not exciting but that wedge is beautiful 

MOMO
A recent IPO that picked the wrong moment to go public.  A higher low.
Float: 8million 
Momo already grew its user base 160% from a year ago.
THEME- Social networks in China, Chinese Tinder
 backed by BABA (owns 20%) and WUBA owns a stake.

And a ticker symbol guaranteed to get the Momo players looking at it.
That can be the recipe for a power move.
Entry: 12.19

Watch List 12/29

Nice Wedge, but which way out?

RESN: (Weekly),  Has a nice 5 week tight consolidation on the weekly chart. Volume has started to pick up.  If it gets going out of this box it could really go as it has a small float.

PLNR-- Finally got the b/o above the Box.  Last push was inter day, and failed if continuation this could go.

Nice tight consolidation, Look for a range expansion move.

In consolidation, look for the R.E. than hop aboard

25% up v/ 25% down

Fishhook watch lists

Fuel has the potential to be a nice fishhook.  If it retakes 19.

VGGL
Despite what I might think of this stock its starting to show some strength after selling off.  look for entry if it takes 3.50.

Going Nuclear

Uranium have made a big on Friday. Uranium prices have surged:

 The stocks are looking to go Nuclear 

Adding URRE, URA, CCJ, URG, UEC, URZ, UUUU,  NLR, NUCL, DNN to my  watch list.

URRE has the smallest float so perhaps the biggest bang for the buck.