Tuesday, March 30, 2010

Watchers for the 3-30-10 trading session

ABIO

Still alive for a morning panic. You should ideally be in the from EOD Monday, to cover into. ALFSS!

SERV

This already faded quite a bit after euphoric longs rode it to 7.24 & 52's. Unbiased, could be a long spike out of the gate for a long momentum scalp or more fading action to short if shares can be found and reserved.

CIGX

This must convincingly take out 3 on strong volume to risk a long. More likely this finally gives way to short.

JADA

This is tiring out soon. Strong performer lately but when does the profit taking begin? You know the drill.

GNVC

Down 75% after hours on news, this may be a classic bounce long possible scalp in pre-market from its open. Alternatively, from the regular open usually within 15 minutes of the bell. This is an oversold DCB play.

TLB

52's @ 13.43, this may challenged Tuesday. Stalled at 13. Real NYSE stock, keep that in mind.

KID

Could have more upside left now that upper 6.70s are history a following steep lengthy correction.

NNLX

Closed right on past resistance at .69 and a break over this on heavy volume might lead to additional gains.

CATM

Looking long in the tooth so I am preparing a short on the usual cues. May not be done yet so tread carefully.

FONR

Up nearly 100% many will look to sell this. It faded into the close. It may spike at the bell. The best play on it is likely to be a short if you can find and reserve shares and it decays from such a spike.

ISCO

Profit taking should come soon, but this beast has just rolled since overtaking 2. Short any sell-off.

ESPH

Also long in the tooth, this has had an amazing run. I look to short a sell-off.

AEN

Can this hit 2+? Should be in play again Tuesday.

SRGL

Looking ever more tired. I await a chance soon to short a distribution day.

Other symbols I am watching are EMIS & MILL flexibly with no bias.


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: