RAM
Same old story. Hope you can find borrows, and read my previous comments as little is different for this ongoing and rapidly maturing Supernovae. Almost a red session, but not technically. Volume on the buy side at its smallest level yet and I suspect it might see some red action of consequence Friday, the last day of '11.
PRXI
Now eying over extension and a possible Supernovae before it's done, this one is back on my main list. Short on confirmed weakness cues after the noise candle or spike downs at or near the gun as sell scalps. Up A/H in range of 2% so hopefully a gap and crap could arise. Of course, it might not be done yet, so be careful. Avoid longs and big gaps, unless you plan to top fish a large one up that wants to dive out of the open. Place a stop just above 2.40 or the initial 30 minute high of Friday, as needed. Near yearly highs.
DCTH
Red floater scan return. Idea is to play for more down side on day 2. Ended red on Thursday close to 1% via a gap up that closed below the open. Stops just above 3.65 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. Large sell volume on Thursday which means it may have questionable chances for shorts. Avoid all big gaps, especially large gap down ones. Currently down A/H nearly 6.5% so so do not sell this except on a scalping scenario. Wait for it to fill and regain descent after 5 minutes to enter.
CPY
Bullish Engulfing. I like this long over the high (1.96) 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 likely too far away to use for risk management via stops. Ideally stays above 1.73 on pull backs to remain viable as a long if it triggers. No big gaps or shorts. Down a bit over 0.5% A/H. Prudent might be exiting on a 2 fail if entering after a trigger which exceeds that price level, too.
FBN
B/O scan. I like it long back over 1.22 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 too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Medium volume on the rise, a neutral sign for new buys. No A/H quote. Exit might be smart on a 1.20 fail after a trigger and entry has taken place as that was a previous top.
LOV
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 3.95) and holds. Avoid shorts/big gaps keep flat on true weakness. Volume modest Thursday, a fair sign for new buys. Needs to keep above the Thursday close or at least over 3.60 on pull backs to remain viable as a long, aside from any early noise. No A/H quote. Price correction return to a recent ceiling situation to overtake the 3.80ish area.
DXCM
In play both ways. Long on spike ups at or near the gun as scalp. Or on consistent moves above the open after the noise candle. Closed and sits on a daily chart gap from 11/2/11 @ 9.40. Also long over 9.49/holds. Short on a fall back under into the aforementioned gap (below 9.40) and holds. Or on Spike downs at or near the bell as a scalp or on confirmed weakness cues. Unclear which will surface Friday, a live price action call. Avoid all big gaps. No A/H quote.
Off record, eye AMEL a past pumper that is up and possibly nearing over extension to short near resistance @ 0.16ish. Not sure if it's getting promoted on this latest move up, but a fast check did not yield clues. If it gets over the above amount and holds, even more gains are possible but I'm flat on that. A POS this one is.
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
Same old story. Hope you can find borrows, and read my previous comments as little is different for this ongoing and rapidly maturing Supernovae. Almost a red session, but not technically. Volume on the buy side at its smallest level yet and I suspect it might see some red action of consequence Friday, the last day of '11.
PRXI
Now eying over extension and a possible Supernovae before it's done, this one is back on my main list. Short on confirmed weakness cues after the noise candle or spike downs at or near the gun as sell scalps. Up A/H in range of 2% so hopefully a gap and crap could arise. Of course, it might not be done yet, so be careful. Avoid longs and big gaps, unless you plan to top fish a large one up that wants to dive out of the open. Place a stop just above 2.40 or the initial 30 minute high of Friday, as needed. Near yearly highs.
DCTH
Red floater scan return. Idea is to play for more down side on day 2. Ended red on Thursday close to 1% via a gap up that closed below the open. Stops just above 3.65 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. Large sell volume on Thursday which means it may have questionable chances for shorts. Avoid all big gaps, especially large gap down ones. Currently down A/H nearly 6.5% so so do not sell this except on a scalping scenario. Wait for it to fill and regain descent after 5 minutes to enter.
CPY
Bullish Engulfing. I like this long over the high (1.96) 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 likely too far away to use for risk management via stops. Ideally stays above 1.73 on pull backs to remain viable as a long if it triggers. No big gaps or shorts. Down a bit over 0.5% A/H. Prudent might be exiting on a 2 fail if entering after a trigger which exceeds that price level, too.
FBN
B/O scan. I like it long back over 1.22 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 too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Medium volume on the rise, a neutral sign for new buys. No A/H quote. Exit might be smart on a 1.20 fail after a trigger and entry has taken place as that was a previous top.
LOV
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 3.95) and holds. Avoid shorts/big gaps keep flat on true weakness. Volume modest Thursday, a fair sign for new buys. Needs to keep above the Thursday close or at least over 3.60 on pull backs to remain viable as a long, aside from any early noise. No A/H quote. Price correction return to a recent ceiling situation to overtake the 3.80ish area.
DXCM
In play both ways. Long on spike ups at or near the gun as scalp. Or on consistent moves above the open after the noise candle. Closed and sits on a daily chart gap from 11/2/11 @ 9.40. Also long over 9.49/holds. Short on a fall back under into the aforementioned gap (below 9.40) and holds. Or on Spike downs at or near the bell as a scalp or on confirmed weakness cues. Unclear which will surface Friday, a live price action call. Avoid all big gaps. No A/H quote.
Off record, eye AMEL a past pumper that is up and possibly nearing over extension to short near resistance @ 0.16ish. Not sure if it's getting promoted on this latest move up, but a fast check did not yield clues. If it gets over the above amount and holds, even more gains are possible but I'm flat on that. A POS this one is.
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
1 comment:
please keep the stock slang at minimum, this shit hard to understand as is, this aint the hood, T
Post a Comment