Tuesday, March 23, 2010

Watchers for the 3-23-10 trading session

MSEH

This insanity must end. Soon. It is only a question of when, not if. That said, timing it and getting borrows is iffy.

ARWR

Up almost 100% this could start off strong and sputter, but it will be in play again most assuredly.

POZN

Ok, the EOD breakout was lame, but it did hold 8 bucks. This could run further early, or fail 8 for a short.

IDSA

Earnings play zoomer that could start strong but fade on profit taking. Lots of volume. May test 16 as a long. Short any profit taking if it gets there.

NMTI

May test 5. Looking interesting. Might be short bait on fading action on any run-up.

IDT

Might have more down side. Closed on an upswing of sorts after going red. Price action tomorrow is key.

SOMX

Some support around 8.25-8.30. Short below 7.86 Down in after hours. Definitely in play again Tuesday.

EMIS

Still looking to fade on weakness. So many up closes. Not as overdone as quickly as some, so it may continue.

EWPI

So much volume this could be in play early on a spike for a momentum scalp long. Be careful with this Pinkie.


The blog has a terms of service. Be sure to read it at:


http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html

No comments: