Stockwatch: MA, PA, TUNA, UW, WPI, VLL

(MA Chart as of May 25, 2009)

Today, MA breaks pass its 260-MA with volume.

MA chart shows a W-pattern. Target price measured @ .030.

(PA Chart as of May 25, 2009)

PA has been encountering resistance @ .0825 several time already. PA shows a lot of bottoms hitting a resistance @ .0825.

This time if PA breaks pass the .0825 with a good volume, then it is also a breakout from a 260-MA.

Buying price will be pass the .0825 but we need to watch out for the volume too. Weak volume will not propel this stock up.

Target price conservatively measured @ .1 - .105.

(TUNA Chart as of May 25, 2009)

TUNA pierced the 130-MA and 260-MA with nice volume.

Last Firday, it closed with a long white candle.
TUNA chart shows a triple bottoms. My breakout point will be @ 1.42 which is pass the 130-MA and 260-MA.

Target price 1.60.

(UW Chart as of May 25, 2009)

Bigger picture of UW shows an inverted Head and Shoulder with resistance area @ .12. If this is a confirmed inverted H&S, then target price will be @ .22.

Last week, UW breaks the 130-MA with good volume. After that, UW seems to consolidate with low volume which is good.

Smaller picture gives us a 2nd pennant formation. If this breaksout, then target price is @ .185.

WPI

(WPI Chart as of May 25, 2009)

WPI pierced the 130-MA today with volume. The chart shows a rounding bottom.

It did not breakout from the rounding bottom yet, but there's volume brewing.

Nice to play WPI if it is a confirmed breakout from the rounding bottom @ .33. More, .33 is also the breakout point for the 130-MA.

Target price @ .60.

VLL

(VLL Chart as of May 25, 2009)

VLL just reached its target price @ 1.72 from its 1st pennant breakout.

Last week, VLL had its 2nd pennant breakout with a target price @ 2.24.

Today, VLL performed a breakout from its 260-MA with a good volume.

Good entry point is pass the 1.82 price with a nice volume. 1.82 is the area of resistance last October 2008 before it went down.