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My Watchlist for Friday, July 28

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TearLab Corp (NASDAQ:TEAR) had a big surge in price and volume last week. The stock has consolidated over the last couple of days in a bullish pennant formation and appears ready for another breakout. The stock hit a high of $3.13 today, which is resistance for next leg up. If the stock can break through this level, I expect to see a strong upside move. A/D chart shows serious accumulation. I used today's pullback to add.

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Qualstar Corporation (NASDAQ:QBAK) has pulled back to test the 95.50 S/R region and a hold above this level would support bullish continuation. The recent breakout on volume, combined with the high short interest, could play out well for stockholders here. I bought few shares today.

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Thursday was big day for GNC...


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