PHISIX
Currently within a pennant formation, if the pennant is broken , upside is 2700
PCP
PCP is in a pennant formation. Resistance is at 0.17, support is at 0.15. Target price is 0.23. Sell immediately if it goes below support.
APXB
Already broke out of triangle. Waiting for a pullback at around 6 to get in
MAB
A possible symmetrical triangle is emerging from MAB. But at this point, im not so sure if the volume confirms it.
SMPH
The ascending triangle is still intact with resistance at 8.20. Im expecting that this may reach 8.10-8.20 before pulling back to near support of 7.80-7.90
ALI
The ascending triangle is still intact. If it is still unable to break resistance at 14.25, this would be a confirmation that it is now on a sideways movement with a range of 13 -14.25
SMPH
Price is still within the ascending triangle. Hopefully the support at 7.70 holds to keep the ascending triangle intact. 
PCOR
I earlier said that PCOR is an ascending triangle. On further analysis, I was wrong in assuming that it is an ascending triangle. After this week’s activity, it seems to be forming more as a symmetrical triangle, with support at 3.8 and resistance at 40.50. Considering the volume increase towards the tip of the triangle, I’m now in doubt if this is a valid symmetrical triangle. I am more inclined to consider this as a bearish move that may break the support.
PLTL
PLTL has broken out of the symmetrical triangle, but has yet to meet its target price of 4.75 because it has met a resistance at the 4.35 level. From the 4.35 level it moved back 38.2%. If the price is able to hold at the 4.10 level, we may still see a further upward move to its target price of 4.75. If not, we may see a move towards the 3.8 level the previous resistance which is now a support level
MBT
I was expecting a breakout of price from the ascending triangle formation, but apparently, the break above the 39 level resistance came without a convincing volume. The succeeding days further confirmed the false breakout. It now seems to be further consolidating into an upward channel. The immediate support is at 39 and resistance is at 40.50.
ALI
The recent price movement of ALI seems to confirm the resistance at 14.25. But after further analyzing, there are several patterns that seem to be forming. There are 2 ascending triangle forming. The first is a big ascending triangle with a target at around 17 and the second is a small ascending triangle, with a target at around 16. The third is a sideward channel. But I think the smaller ascending triangle and the horizontal channel are much more valid than the bigger ascending triangle. If the resistance is broken without volume, im expecting a slow push towards the 15 level. If it does reach that level, we may be looking at a big ascending triangle.
Just heard a bad news, the Croc hunter Steve Irwin recently died while shooting a film in the Great Barrier Reef. A Stingray punctured his chest hitting his heart directly, the other bad thing about it is that the Stingray’s tail excrete poisonous fluid. It was a double whammy for Steve, heart puncture with a poison. I always thought he’d have an accident with a croc or a snake, never thought that a stingray would get him.
PCOR (Chart: Daily ** Resistance: 4.20/4.45 ** Support: 3.8)
PCOR seems to be forming an ascending triangle. The target for the formation is 5.50. Breakout price is at 4.50. The 3 MA’s is currently blocking the price movement, but this might be broken within the week for the price to reach the resistance at 4.45.
ALI (Chart: Daily ** Resistance: 14.25/15 ** Support: 13.50)
ALI is forming an ascending triangle with resistance at 14.25. If the resistance is broken with volume expect a target of 17.75. But before it reaches that target it also has to break the previous high of 15. If the price continues to move up with low volume, we could redraw the resistance at 15 and expect a higher target price. But for now, we just would have to wait.
GLO (Chart: Daily ** Resistance: 1080 ** Support: 980)
GLO is trading in an upward channel. There is also a symmetrical triangle formation but the volume does not confirm the pattern, so its more likely to be an upward channel. I included GLO in the list because I noticed that volume is slowly picking up. There might be something brewing in this stock.
SMPH (Chart : Daily ** Resistance: 8.20 ** Support: 7.70)
SMPH is forming an ascending triangle with resistance at 8.20. Possible upside target of 9.50. But before it reaches the target, resistance might be encountered at th 8.50 and 9 level.
I was too busy with work that I haven't been reading the news lately. I got the shock of a lifetime when I heard from Jay Leno that Pluto just got booted out of the elite planet society of the Solar system. I thought at first, Jay Leno was just kidding, but as I searched the internet, it turns out that it was true. (http://www.cnn.com/2006/TECH/space/08/24/pluto.ap/index.html).
Just my thought, this latest demotion of Pluto to a dwarf planet just added Pluto to the top of the list of other possible attackers of Earth. (Forget about the Marsians, they don't have a grudge against Earthlings, they just want to conquer the planet. ) The dawn of the Macross days is near! hehehehehe!
