Watchers for the 7-27-10 trading session

NYMX

Over extension short candidate. I am hoping for an early sell off which can be faded. The momentum seems to be waning, the chance may come Tuesday or Wednesday. Volume is hardly convincing for the longs.

JRN

Having taken 5, this is only a short if we drop below that price on volume, hopefully early with obvious sell pressure behind it. Otherwise, a possible long on continued moves above 5 with a hold of that a a floor. The volume here has never been all that and a bag of chips, by the way.

IDSA

Care must be taken on this as the volume has not faded yet, but soon this is going to be a nice fade on over extension. Already the close was well off the highs on Monday, so hopefully we will not have to wait forever.

INFN

See the above comments for IDSA, this is looking tired, kind of. Early spiking might yield a fade scalp, etc.

MNTA

On fire lately, this down over 5% relative to the close in after hours. Possible early red to green long, or a fade entry on continued initial move dumping. Price action at game time will decide which side to be on.

SILA

Being promoted by shady goons, this hod closer can drop fast at any time, so be ready. Obviously I am looking to fade this on weakness once it runs out of gas. Not sure if tomorrow is it, but keep it on your list.


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