Morning Update

CNS, Inc. (CNXS)
I am adding CNXS to the portfolio table today. It is in the medical sector. As you can see by looking at the daily chart, CNXS is in an ABC correction in a wave 3 to 4 channel. All indicators and oscillators are in a bullish trend reversal. Furthermore, CNXS is bullish in all time frames. The Monthly chart is forming a massive cup and handle -- showing that there is no resistance above $31.27. CNXS has held support above $20.00 and resistance is at $22.34.

Flamel Technologies S.A. (FLML)
I am adding FLML to the portfolio table today because it has held support at $20.00 on the weekly chart. Furthermore, FLML is forming a nice bottoming pattern in the shape of a reverse head and shoulders. The Aroon has turned bullish and the PPO is showing signs of bullish divergence. Entry is fairly low risk here around 21.00. The stop is at $20.00. Keep your position small.

Cullen Frost Bankers (CFR)
It is a regional banking stock. It is not a fast mover. I only expect it to move up between $5.00-$7.00. The daily chart shows that it is in an ascending triangle pattern. The daily chart looks like it is bull flagging and getting ready to take out resistance @ 56.12.

Sina.com (SINA)
I am adding SINA to the portfolio table today because it is getting ready to break out of it's all time high down trend line at $27.26. This will bring a lot of moment into the stock. It also has high short interest.