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Couple more small cap oil and gas plays.



HKN nearing 52 wk high of 11.66 and recently formed a golden cross.



GSX also near new high at 4.20.



BQI nearing high as well at 5.00. Also looks like a golden cross is forming.

Absolutely beautiful text book breakout.  Sold just off the highs for over 20% gain before lunch.  

52 wk high today then pulled back.  Really depends on OIL although they did have news related to an Oil discovery with BEXP.  

Biodegradable plastics play.  Lot's of potential with technology but momentum is fading fast.  Needs a catalyst.

Keeps gradually rising.  Conference call tomorrow to discuss recent acquisition.  Needs to move over $2.97 with good volume to really  breakout.

ROYL held up well relative to other small cap independent oil and gas plays last week. Chart looks strong, golden cross last week that should bring in more buyers this week if OIL holds up. I'm looking to enter on a break of $6.60 on higher volume.



FALC approached $9.00 Friday with nearly 2X normal volume. A break above this level with continuing volume could easily take this up to its 200 day SMA around $10.



NCOC Look for a breakout above $7.75 (52 wk high). Volume is up sharply over 1 million shares from under 200K a few weeks back. Make sure other coal stocks show strength as well.



NOG another small cap independent oil and gas play. It's holding up well only .25 off 52 wk high of 11.85 and volume also looks strong. Buy on a break above 11.85 on higher volume.



QRCP yet one more oil and gas play. $12 is 52 wk high and also formed a golden cross last week. I'll buy which ever oil and gas play looks the strongest and will have to watch crude oil closely. Don't want to be long any of these if oil breaks down.

Strong breakout agriculture play.  DAR business is converting waste products into animal feed, very sexy business to be in these days.  DAR has the highest ranking in IBD Agriculture Operations industry group, ahead of MON.  I don't really care about IBD rankings other than it attracts buyers to the stock.

DAR
Broke through 14.38 (52 wk high) on strong volume this morning. DAR converts waste products into animal feed. It is the topped ranked stock in IBD Agriculture Operations industry group. Should get high IBD 100 ranking when it moves over $15.

Recent Chinese media IPO play.  Getting hyped over olympics or something.  Bought on the break of all time high today watched it go to 14.90 and back down to 14.28 at the close.  FEED displayed similar action hope this can yield similar gains.  I won't sell too early as I did with FEED @ 15.45.  Definitely will stop loss at 14.09 but hopefully that level won't be testedl.

Bought on the break of the 52 wk high.  Strong price volume action into the close.