LIVE
Again, refer to my previous comments, mostly still applicable. This time was a similar daily candle to last time, with only a bit less volume. It's still strong, but diminishing daily, and the red print could come Friday or within a day or so of that. Down a bit over 0.5% A/H. These things always spike longer than anyone imagines.
ABAT
Once more, see my previous analysis, still in effect by and large. Another huge up day, with comparatively tempered volume. Maybe it will die on the 1 test upcoming, though that would likely require top fishing. No A/H quote change.
CAMP
New 52's. Short term, these yearly high stocks usually go higher. Consistently strong price action, like trading above the opening price level after the first 5 minutes, is a long. Or, if it gaps down a bit to debut or opens flat and falls briefly, a red to green and hold with strong volume. Also long on spiking up at or near the gun as a scalp. This might be an EOD exit, depending on how it holds up. Also long on a break above to new yearly highs (over 4.79) and holds. Avoid shorts/big gaps keep flat on true weakness. Volume medium Thursday, a neutral sign for new buys. Needs to keep above the Thursday close or at least over 4.50 on pull backs to remain viable as a long, aside from any early noise. Up over 2.5% A/H. A gap refill and bounce possibly?
CDR
Red floater scan return. Idea is to play for more, better down side on day 2. Ended down on Thursday close to 1% via a gap up but below the open. Stop just above the previous day session high (4.22) to cap losses on head fake fade entries. I'm only into the shorting possibility if it surfaces, keeping flat on strength. Also a short on heavy volume dumps/confirmed weakness cues. Huge sell volume on Thursday which means it may have suspect chances for shorts. No A/H quote change. Avoid all big gaps, especially large gap down ones.
AUGT
B/O scan. I like it long back over 1.59 and holds. Ideal to stay over that on tests aside from early noise if it triggers. Stops also possible just under the close on Thursday or the 1st 30 minute low of Friday. Avoid all shorts and all big gaps. The low on Thursday is a too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Modest volume on the rise, a fair sign for new buys. No A/H quote change. Possible to take 1/2 position on a retest and hold of 1.50 and the 2nd part over the trigger. Exit below 1.50 on fails after entering might be a middle ground course option.
EGOV
Bullish Engulfing. I like this long over the high of Thursday. Small volume on the rise, which is a good sign for new buyers. Keep flat on real weakness aside from a typical red to green move, etc. Stops just under the low last time or the initial 30 minute one on Friday. More conservatively a stop placed under Thursday's close, too. The low on that day is not too far away to use for risk management via stops. Ideally stays above 12.34 (200 day SMA) on pull backs to remain viable as a long if it triggers. No big gaps or shorts. No A/H quote.
DMND
Now here's an interesting potential play. A big long play 12/9 this has decayed to a hopeful bottoming scenario on a rebound bounce up. Daily doji print today. Down over 1.5% A/H so a possible r/g move buy might arise. Support around 26 possibly. Set a stop just under that it buying on perks. Also a long on spiking up at or near the bell as a scalp. Or on consistent moves above the opening price level after the noise candle. Avoid shorts and big gaps. Not exactly a penny stock over 25 bucks, but cheap enough for a special case.
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Again, refer to my previous comments, mostly still applicable. This time was a similar daily candle to last time, with only a bit less volume. It's still strong, but diminishing daily, and the red print could come Friday or within a day or so of that. Down a bit over 0.5% A/H. These things always spike longer than anyone imagines.
ABAT
Once more, see my previous analysis, still in effect by and large. Another huge up day, with comparatively tempered volume. Maybe it will die on the 1 test upcoming, though that would likely require top fishing. No A/H quote change.
CAMP
New 52's. Short term, these yearly high stocks usually go higher. Consistently strong price action, like trading above the opening price level after the first 5 minutes, is a long. Or, if it gaps down a bit to debut or opens flat and falls briefly, a red to green and hold with strong volume. Also long on spiking up at or near the gun as a scalp. This might be an EOD exit, depending on how it holds up. Also long on a break above to new yearly highs (over 4.79) and holds. Avoid shorts/big gaps keep flat on true weakness. Volume medium Thursday, a neutral sign for new buys. Needs to keep above the Thursday close or at least over 4.50 on pull backs to remain viable as a long, aside from any early noise. Up over 2.5% A/H. A gap refill and bounce possibly?
CDR
Red floater scan return. Idea is to play for more, better down side on day 2. Ended down on Thursday close to 1% via a gap up but below the open. Stop just above the previous day session high (4.22) to cap losses on head fake fade entries. I'm only into the shorting possibility if it surfaces, keeping flat on strength. Also a short on heavy volume dumps/confirmed weakness cues. Huge sell volume on Thursday which means it may have suspect chances for shorts. No A/H quote change. Avoid all big gaps, especially large gap down ones.
AUGT
B/O scan. I like it long back over 1.59 and holds. Ideal to stay over that on tests aside from early noise if it triggers. Stops also possible just under the close on Thursday or the 1st 30 minute low of Friday. Avoid all shorts and all big gaps. The low on Thursday is a too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Modest volume on the rise, a fair sign for new buys. No A/H quote change. Possible to take 1/2 position on a retest and hold of 1.50 and the 2nd part over the trigger. Exit below 1.50 on fails after entering might be a middle ground course option.
EGOV
Bullish Engulfing. I like this long over the high of Thursday. Small volume on the rise, which is a good sign for new buyers. Keep flat on real weakness aside from a typical red to green move, etc. Stops just under the low last time or the initial 30 minute one on Friday. More conservatively a stop placed under Thursday's close, too. The low on that day is not too far away to use for risk management via stops. Ideally stays above 12.34 (200 day SMA) on pull backs to remain viable as a long if it triggers. No big gaps or shorts. No A/H quote.
DMND
Now here's an interesting potential play. A big long play 12/9 this has decayed to a hopeful bottoming scenario on a rebound bounce up. Daily doji print today. Down over 1.5% A/H so a possible r/g move buy might arise. Support around 26 possibly. Set a stop just under that it buying on perks. Also a long on spiking up at or near the bell as a scalp. Or on consistent moves above the opening price level after the noise candle. Avoid shorts and big gaps. Not exactly a penny stock over 25 bucks, but cheap enough for a special case.
New users: Read my trading guide for my play set-ups!
Review my blog at Investimonials:
Follow me now on Twitter:
Watch my instructional trading videos on YouTube:
Subscribe to Big T by e-mail:
Subscribe to Big T in a news reader:
The blog has a terms of service. Be sure to read it at:
http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html
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