AAU
This is a long on a take and hold of 2, with volume and acceleration. Any test of 2 and fail there is a short. Nice chart, I like setups with this pattern, because either long or short the technical signals are very clear.
CHTP
Nice over extension in the making here. Careful, volume now stronger than ever on the latest green day. Closed near hod. The plan is to patiently stalk it daily, beginning Monday, and fade profit taking weakness. It might not be done yet as I suggested, but put it on your radar. Up after hours, so hopefully it is ripening. Some technical resistance is found around 15 cents above the close on Friday.
WXCO
Well overdue for a bigger distribution print on the daily, this needs to be watched for a fade entry on weakness. Get used to stalking and waiting if you intend to short stocks...
CLKZ
Boring incher pumper for patient longs with their fingers poised on the sell button, as such plays take days to go up several percent, then die in minutes once the dumper takes the stage. Swing short of sorts, first red day in while on Friday. At least several cents of down side possible, as some support is found around 1.07
VGZ
Another nice set up which is a long on a successful test of 2 with a take and hold on volume with acceleration of that price level and a short on a failed test of the same. Ceiling seems to be 2, so any directionality off that area is telling. Chart patterns like these (like that for AAU) are instructive and easy to dissect for the student.
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