stocks covered in this post: SPPI, SOEN, EXPH, and FLIP

1) SPPI took another fall today bouncing off 5.96 support after an Adam Feuerstein article on TheStreet.com bashing the company. Ultimately, it closed down only .09 or 1.37% at 6.50

Awaiting the FDA decision for the first drug by 7/2/09 (today) and the second drug by 10/8/09.

FDA plays are highly risky, so if you have enough profit (or loss), take it. You never know what will happen.


SPPI - SharpCharts Workbench : StockCharts.com


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2) SOEN hit it's .40 support and ultimately went up .02 or 4.76% to close at its high of .44. Volume is waning though.

Support at .40 and .36.
Next resistance is around .60.

SOEN - SharpCharts Workbench : StockCharts.com


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3) EXPH hit 002 support, but bounced back to end the day down .0002 or 8% to close at .0023. Volume is waning though.

Support is at .002, .0016
Resistances are .0028, .0038, .0044, .0065, .014, .025, .035




EXPH - SharpCharts Workbench : StockCharts.com


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4) FLIP shortly broke 0009 resistance and hit a high of 0015 but ultimately closed up 1 tick at .001 (up 11%). The bid/ask definitely need to tighten first before it can really run.

Resistance is 001, 0015, .002ish, .0025, .007ish


FLIP - SharpCharts Workbench : StockCharts.com