Supernovae scan return now also a red floater, this is on watch for more down side after the first red day. Short only on confirmed weakness cues or early massive dump selling, etc. Keep flat otherwise, no longs.
GSL
Over extension now making the red floater scan returns, this is on watch for more down side after the first red day. Short only on confirmed weakness cues or early massive dump selling, etc. Keep flat otherwise, no longs.
PDGO
Getting closer to maturity but be careful, this thing can turn on a dime when it gets going. Like today, it might yield a fade entry that goes red then comes storming back, so be prepared to short if it convincingly goes red on volume and also to not hold greedily if it shows any signs of life after the plunge and you have decent profits. Still, it is getting overdue for a red close, but no high wave stick action yet so that might be optimistic. Not into longs here unless it just spikes from the gun to scalp it upwards and dump quick. Just be waiting for clear weakness cues or heavy selling pressure to fade into.
TORM
This is getting old now. Aside from early strength/spiking to long scalp now, the plan is increasingly to await the fade on the usual confirmed weakness cues or panic selling. Depending on how many shorts Superman can squeeze, the aforementioned long scalp might be given more fuel on panic covering. Then the fall will be equally sweet. Do not be the stupid short that tries to top fish fade this hastily.
CPMCF
Wow. Up over 167% today, with new 52's nearing at 0.25 per share, we might hit that in early trading tomorrow. Certainly it can go further but this is not a typical new yearly high equity. I would book any long scalping gains on such an attempt at the brass ring, maybe a cent or 2 lower even. Any short on this has to be on clear weakness cues or heavy volume dumping, or not at all. Do not try to top fish enter this at 0.25 just watch that for possible correction signs, or a move above that then reassess.
ANAD
New 52's. Nice break out above resistance area around 6.20ish. Potential long on continued upward mobility. Early spiking even from near the bell long scalps are in play, as are more patient pull back swings to the break out zone and holds for a long. Short term such stocks tend to move a bit higher.
NXPND
In 9 Newsletters now according to a quick head count check, this was up over 165% today. May have a last gasp left in it for an early long scalp, before it comes crashing down on optimists. Be very careful buying promotions, the rug can and will be pulled on you, often without warning, suddenly and quickly. You can wait to short it on such a dump assuming you are filled quick enough and can find shares, or on the any of the usual weakness cues. Practically speaking, playing for the in and out long for peanuts may be all that turns up here.
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