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4 Small Cap Stock Pick Breakouts About to go BOOM : AERG, SBSA, IMOS, XRM

|Includes:IMOS, SBSA, XRM

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Small Cap Stock Pick: AERG

AERG is one of my favorite chart patterns of the day as this broke to new highs above resistance on HUGE volume. I noted in last nights Daily Update Email that this was a buy signal if it broke out above 1.18 . I entered a little late today @ 1.22 but certainly not too late @ all as this close up huge on with volume and momentum @ 1.41 into the close. Boo Yah! This could easily run to the high 1’s tomorrow.

Bullish Stock Chart

Small Cap Stock Pick: SBSA

SBSA we have traded in and out of wait for that final breakout above resistance on volume. 3rd time was a charm today as we entered into 1.08 as volume was picking up today and inching towards resistance. Price rallied strong into the close with a lot of momentum heading into tomorrow as price closed at the high of day @ 1.16

Bullish Stock Chart:

Small Cap Stock Pick: IMOS

IMOS is another stock we have been trading recently as first time around price formed a bearish shooting star candle and got stopped out. Today price rallied again today above $1/share on heavy increasing volume putting us back in the trade @ 1.05 fora long position. Price closed here super strong above resistance @ 1.13.

Bullish Stock Chart

Small Cap Stock Pick: XRM

Extremely strong close here on XRM as we entered this stock long yesterday @ 1.04 as this was breaking out above resistance @ 1.04 and this closed up @ the high of the day @ 1.24 on BIG volume. Huge momentum on this stock heading into tomorrow im looking for the 1.40’s for so into wednesday.

Bullish Stock Chart

Disclosure: AERG, SBSA, IMOS, XRM
Stocks: , SBSA, IMOS, XRM