Wednesday, February 24, 2010

Watchers for the 2-25-10 trading session

AMOK

Pumper by Jarret Wollstein (NXTH) that may still have legs tomorrow. Once it dies it could be brutal, but it could last a spell. Long for now.

IFLG

Still more downside exists if you can get shares. ALFFS!

NVLT

This is down 80%+ on news. A dead cat bounce, DCB. Idea is an early premarket or opening bell long bounce play, scalping or holding for a spell as the price action dictates. XNPT clone, which banked coin.

PSID

Nice volume and breakout. Watching for more upside/continuation long or will short failure below 1.70.

NNVC

Incredible resistance struck 3 times at about 1.30, near 52s. I look for a breakout long or a short fail there.

PVCT

Still on short watch. It closed a cent up, and is just dying to cave. Watch out of the gate for cues.

LTXC

No net change means breakout watch on break of 2.86 on strong volume is still alive, but it weakened intraday so watch for a short of failed tests.

INHX

Took out 52s, but volume is substandard for a continuation of the breakout. Long biased, but short ready.

AGYS

Takes out 52s on decent volume. I look to buy a pullback to 9.95 area or a red to green riser to 11 level.

NEWS

Over extension short watch. So many consecutive up sessions!

As always, be flexible and allow real time price action to determine your best shot in entering or exiting plays.


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