Watchers for the 8-5-10 trading session

WWWW

In play both directions tomorrow following their 10-Q home run perception. Up after hours, this will make a nice profit taking fade most likely fairly early, within the first 2 hours or so. Be sure to arrive at the start of premarket. One of those plays where live price action interpretation will be king. Only short burgeoning weakness, go long if it starts to soar out of the gate. The volume on the rise was just so-so, though.

CSCX

Toying now with over extension, this number should be on your radar for Thursday and possibly Friday if it does not pull back tomorrow. A near hod closer, look to fade this on weakening, or a gap up and profits.

NVMI

Having taken 6, this may try for 6.50 again, though the volume is less than stellar now. Falling back below 6 and beyond is less of a risk at this point. Enter long on early strength or a red to green scenario.

GWES

Ok, it is a Pinkie. Yeah, nobody knows why it went up over 1,900% today. But hey, what are the odds it goes up on Thursday? If shares are located, perhaps doubtful, it may yield an easy fade. ALFSS!

MDCO

Now a red floater scan return, the court case winning firm's stock may yield more gentle fading action on Thursday, as excitement wanes. Once again, short weakness only. Spikes that begin to fade are included, naturally. Early green to reds, or slight gap down and continuation down siding are even easier.

AREX

Another big 10-Q winner, this is in play both ways Thursday. The news release looks very positive. 9 is a natural profit taking point, but we could see an early or opening gun surge through that (possibly on a red to green out of the open) and longs might get at least a green scalp before the fade begins, if it occurs at all tomorrow. If we begin to sell off at 9, then a fade entry might present itself for the shorts. Any modest gap down and fade early on is also a possible short sell, as is an early green to red. Price action live will tell all.


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