Tuesday, April 06, 2010

Watchers for the 4-6-10 trading session

SOLU

What goes up must come down. Try to find/reserve shares. Short on the usual cues. They can fix Toyota's, but they are still a Pinkie.

FVSTA

Are you kidding me? Supposedly being promoted now, this is also gravity defying. You know the drill.

CCGY

Gapping up over 0.75 which had been re-tested resistance from months back following a big correction, this beauty may have more life left for a test of 1. If it demolishes that on strong volume, things could get fun.

EWPI

This is being promoted now in earnest. It might have some life left at least for now, then it may be shortable.

ALME

Also being promoted, this overextended junk may have a bit of gas in the tank early, but fumes may follow.

MNLU

Another promotion that may have some decent life left in it. You know what happens after the e-mails stop.

EMAN

The end could come soon, but one more day would suit longs just fine. This is overdue for correction.

JADA

Sooner or later we will see a decent red day. I know, I have been saying that forever on this thing.

ECPN

OTC over extension short play that faded from its highs Monday, so maybe this is ripening.

AERG

Over extended NASDAQ stock that might be profit taken soon. Tread carefully, this is cheap but resilient.

NNLX

More over extended trash, this Pinkie is really getting ripe.

CTDBQ

This junk is too cheap for easy shorting, but I am watching it for a return to reality that is probably soon to be.

CVBF


Sleeper long swing play needs one great day for financial stocks market wide, especially regional banks, and this oversold up trending equity can have a nice spring day. Enter after 10 A.M. EST on a pullback. Any day now it might spike out of the gate suggesting that this is the accumulation day, but I prefer safer entries. Hold until you get a close above the 5 SMA. Printed 2 consecutive hammers. This is a real stock, so be aware.


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2 comments:

Unknown said...

NNLX

More over extended trash, this Pinkie is really getting ripe.


COOL STORY BRO!

Anonymous said...

OK I will mark you down as over extended on NNLX. Not sure if you really know what you are talkign about or you just look at charts and say :what goes up must go down"

time willl tell