Watchers for the 3-5-10 trading session

ZANE

This ideally spikes on open and falls or runs up further, really squeezing early shorts, freeing shares. Find shares!

WKLI

Pump on short watch. Hope this runs even further to free shares. Will crash and burn once the hype stops.

MCGI

See comments for WKLI for details. Same analysis.

CHGY

This is really turning into a nice Supernovae-like formation. Short when it starts to cave.

VHC

This over extended stock fell a bit last time, but I am watching for more of the same if everything goes right.

JMBA

Looks nice for an optimist, but I think this is looking a bit top heavy. Shorting is like betting don't pass don't come at the craps table, that bet maker may win, but everyone hates him.

ETM

Still waiting for this to truly crack. It tried Wednesday, but rebounded Thursday. Looking over extended. 

XFN

May not be done yet. I want it to run up further to short its Supernovae-like move. I think it is a buyout, so be careful. You must be aware of the difference between a promoted stock up insanely over a short time period and real news cases, but you can short anything that weakens just from profit taking if it is done correctly.

VSTNQ

Took out early week highs, fell back to close exactly on them. This Supernovae has squeezed and confused shorts with more lives than a cat with 9. It cannot last, however, and will provide great downside soon. So overdone now any spike with weakening is shortable. Also look for green to red fades to sell this short.

BELM

Beautiful breakout that failed to take out 5.20 on test Thursday. If it can conquer that on strong volume it could keep going for a long. Failure on tests may be shortable, but I prefer a long here as explained.

TIVO

Could move up even more, believe it or not. Up on news insanely, it also will be a stellar short on weakness. I hope for a spike to short into on weakening, ideally. Other short setups also possible, try to get borrows!

SCOK

Absurdly overdone extension that begs to be shorted on spike especially or other setups, as in TIVO. Expensive per share by now, but that just means to play it well you need a bigger account balance.

As always, let price action on the ground determine your bias when actuallly trading these possibilities. Do not trade your bias, but let the market tell you which side of the fence to be on by reading the tea leaves!


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