URG has a really strong looking chart and could trade into the $2.00’s today if the volume keeps up and shorts continue to cover. Trading range is $1.80 – $2.20 which is well over 10% but again, I stress we’ll need to see volume accompany a secondary move because the MA(200) is just ahead at $1.86.

CNTF is one of the only China based plays I’d consider right now but I’m waiting for a better entry. Currently I’m bidding for 5k shares at $5.05 and I’ll let you know if that changes. Goal after entry is the same as always, 10% from the average price per share. They have three primary businesses including mobile solutions for the mobile handsets market, specialized mobile phones and intellectual property based motion gaming business. Income from operations for the first quarter of 2011 was $15.8m, a 151% increase compared to $6.3m in the same quarter last year, and a 31% increase compared to $12.1m the previous quarter.

HDY is presenting a very bullish chart having just broke above resistance at the $4.60 range and is poised to test the low $5.00’s this week if you ask me but we’ll need to see a steady surge of volume from here. The chart is still far from overbought and the company is getting all sorts of positive attention from mainstream media to keep the run alive. I alerted and traded HDY on the 5/18 news at $3.28 so it’ll be hard for me to jump back in here but it does look awfully tempting. Exist would be around $5.40 before the $5.45 gap down resistance if I decide to make the trade.

COOL is looking very strong even though we already nailed it last week. Shares are about to break above the MA(20) and the MA(50) which will then act as support. Profit taking has taken place along the way so I’m not too concerned with a pullback. More and more media is jumping on the Zynga hype daily which was our catalyst from the $2.65 alert which continues to fuel the run. Since the chart isn’t overbought yet I’ll keep it on close watch again this week. Trading range is between $3.20 and $4.00 leaving plenty of room to profit.

I hate to include a chart like this on my watch list but they hype surrounding NEOM’s patent news has turned it into a supernova. Since momentum based trading is what I do, I usually pays to know where the momentum is like on JAMN a few weeks ago. Even if NEOM drops, which it will eventually, there will be good dip buy bounce opportunities here so if you’re into quick flips, this could provide some decent 20% instraday shifts. The key here is all about timing and the ability to accept defeat quickly if the trade turns against you.