[isatrader]

Here's my watchlist
RMTI
CLSN
MCP

I like the look of Molycorp (MCP) which is in Stage 1 and has a technical attributes score of 6 out of 9, that has been improving from a zero back in early May. I've attached the weekly chart and also the short interest data from shortsqueeze.com which shows it has a heavy Short Percent of Float at 36.38 % and a high Short Interest Ratio of 7.6, so has some potential for a short squeeze on a Stage 2A breakout above the recent swing highs imo, but also the Stage 1 base is still quite early in it's development and the 30 week MA is still declining after a long two year Stage 4 decline.

Earnings are released tomorrow (8th), but I've taken a gamble and entered a small long position ahead of them in my long term SIPP account, which I wouldn't normally do or recommend, but it's a sector I've been interested in getting exposure to in my pension account, and so I plan to build the position with more entries over the coming months if it stays in Stage 1 or breaks out into Stage 2. But will exit if it makes another Stage 4 continuation move lower again.

[Update]: 8-8-13, MCP earnings missed tonight, so it will probably be going down tomorrow.