Shutterfly the provider of online photo printing services posted better than expected earnings and rallied 8% today. This move put it over the $26.00 resistance neckline and the 50 day moving average. With 20% of the float short we could see a move over $30.00 in coming weeks. With a stop at $24.50 we have limited downside on this trade.

ICO Global Communications is a space bound company operating medium orbit based satellites. The company aims to provide wireless voice, video and internet services in the United States. While the company has an exciting business model it is important to note that ICO filed for Chapter 11 bankruptcy in 2009.

With several Japanese auto manufacturers weakened by climatic events, Ford Motors (NYSE: F) may have got the break it badly needed. Both Honda and Toyota motors have been weakened from the destruction overseas. Coincidentally, Ford and General Motors have seen some buying activity on speculation of increased market share.

Hercules Offshore (NASDAQ: HERO) is one driller with the right ingredients for a big move in share price. It has a low share float and high short interest (7%) providing explosive potential. With oil over $100 per barrel we believe drillers are poised for huge growth going forward.

While you may think of a pizza franchise being a boring investment, Papa Johns (NASDAQ: PZZA) may prove otherwise. Taking over the pizza world, Papa Johns operates over 3,000 stores in 50 states. The company has a solid looking chart, breaking out of a 2-year base in recent weeks.

After two years of consolidation in a large triangle pattern Sprint (NYSE: S) has made a technical breakout. Trading over 150 million shares and gapping up, Sprint pierced through $4.80 trendline resistance and hasn’t looked back yet.

F5 Networks (FFIV) gave us a headfake today as the market moved lower on the US jobs report. Testing a major trendline, F5 found support and is now moving back up in a tough tape. We expect strength in F5 Networks going forward until that major support line is violated to the downside.

Michigan based energy company DTE Energy (NYSE: DTE) has seen its stock price base between $44-$47 per share this past year. Recent trading activity should generate more excitement as the stock broke above $47.55 with higher volume. If we see follow through into next week DTE could make a 3 point run and a move toward blue skies.

KongZhong (NASDAQ: KONG) made a huge move up after an upbeat earnings report with strong guidance. The Chinese wireless application company saw its stock rise 15% breaking above $7.80 on a huge spike of volume. With a float of just 7-million shares KONG may have another leg up in coming weeks.

Speculative growth companies like Sina Corp (NASDAQ: SINA) are especially prone to sharp sell offs during periods of overall market weakness. These high beta stocks are even weaker after gap reversals. Sina met up with resistance at the first of two small gap downs made in late February.