Timed release gimmick for Wednesday, market open, 9:30 A.M. EST refresh browser just before. Remember the short is usually the best play on fading momentum and dumping, which happens soon after the release...
Stock Preacher:
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IFLG
First red day. This should still be considered explosive, so be careful if trying to fade. The idea is to look for early signs of weakness to fade. Often more downside is possible, even if it seems like peak near term lows. If it gaps up and spikes you can scalp it long from near the gun, and use judgment as to how long to stay in, but best is to wait for a chance to short. The best scenario is a green to red or modest gap down and slow burning and boring fade all day.
VG
Nice chart and earlier story on fundies. Timely Index joining news propelled this today to a near hod close. After hours it has pulled back a bit, but it could go red to green and test 2.50+ if all goes well. I do fear a distribution day in the Dow may get in the way tomorrow, after today's big up session. Keep that in mind, as this is an NYSE stock.
SNTA
This will really be tasty if we get the aforementioned weak Dow on Wednesday. The reason is this over extension candidate is nearing an area of earlier consolidation/resistance on the daily chart currently, in the low 4's. If it looks strong at the open be careful, you want to short weakness, remember. Ideally this gaps up and goes red and under the previous close to provide our fade signal. Possible long scalp early on if it spikes.
BSDM
Another possible fade play on over extension, this already tried to fill a previous gap in the daily chart and ultimately closed in line with a lower price level around 1.64-1.66, which seems to be ceiling. Ideally it falls below this level for weakness cue signal to short. Also possible would be a green to red path.
LRAL
This shady number with fading volume is due to correct soon. Possibly Wednesday. Remember to short weakness, not strength. Each day it has been gapping up and inching along like old man river. I would like to see a modest gap down and weakening or green to red to short into. Do not fade this if the price action early is as it has been for the past 3 sessions. Long possible in that case, but it is getting ripe and losing its volume.
BDCO
Lots of momentum behind this cheesy outfit, up on news. Already up after hours. Watch for early spiking to scalp long and for fades, if it weakens.
GNZR
Once HotOTC is interested, it is usually the kiss of death, This has crept up on people, inching along. I suspect despite the hod close we might gap and crap. If it weakens, short it. Any upward move should be ignored or longed. I am suspicious of anything the above spammer promotes in terms of its longevity.
AMEL
This junk has some resistance in the low 1's I would like to fade a failed test of. It might die at 1 itself. If it breaks 1.10 either get long or stay flat. Price action early should tell us which way the wind will blow for it.
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