The Street Beat

The ANX stock chart is holding a solid support level at $0.56 and climbing again towards the upper portion of a multi-month channel with resistance at 67 cents. Volume has remained consistent, but technical traders will be looking for a surge to take out the top of the channel with the next resistance not until 81 cents.

The PWER chart is making a strong move off bottom support and now consolidating in a cup and handle chart pattern. Technical traders will be watching for resistance to fall in the area of $5 with a potential to reach recent highs of $6 should the resistance fall and signal a pattern breakout.

Volume increased on Friday for Sino Payments, Inc. (OTCQB:SNPY) as the price per share pushed through a resistance point at a nickel. Heading towards a possible blue-sky breakout, no resistance is in sight until the old high at 7.6 cents. The indicators have reset while holding bullish positions, lending credence to the possibility of continued upward pressure.

A low-float play that has made a solid climb from 20 cents to 35 cents, the ATGN chart looks to be making the shift into true bull mode. Technical traders will be watching for the MACD to bust through the money line and the PPS to break resistance at 35 cents with the next level of resistance not until 45 cents.

Looking to find a bottom, the EXM stock chart has put together two straight green days, which may catch the eyes of technical traders. Shippers have struggled throughout the last year, but EXM is hitting the watchlist to see if it is going to gather some upward momentum and hold the bottom support at $1.37 and break resistance at $1.65.

Normally, we don't bring fundamentals into our video charts, but Bakers Footwear put out news after the closing bell yesterday which may warrant a look at the trading today of BKRS. Technically speaking, the chart is holding support at $0.46, which must hold as traders look for volume/buying pressure to come into this low-float play.

On a stiff downward trend for most of 2011, the DQ chart appears to be trying to find a bottom. There is a positive divergence going on with the MACD and the majority of the trading days of the past two weeks have shown green closes. Traders will be watching as the chart now faces resistance.

The CBAI chart has a history of making large moves in a short time frame. A double bottom pattern is forming as volume is increasing which will catch the eyes of traders in this popular stock. Bottom support is intact at $0.015.