RAD
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 2.12) and holds. Avoid shorts/big gaps keep flat on true weakness. Volume strong Wednesday, a poor sign for new buys. Needs to keep above the Wednesday close or at least over 2 on pull backs to remain viable as a long, aside from any early noise.
LPX
Red floater scan return. Idea is to play for more down side on day 2. Ended down about 1.5% on Wednesday via a gap up that closed below the open after 2 up days. Stops just above 9.60-70 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. Medium sell volume on Wednesday which means it may have average chances for shorts. Avoid all big gaps, especially large gap downs. No buys. 9.50 fail ideal.
KV.A
B/O scan. I like it long back over 1.55 and holds. Ideal to stay over that on tests aside from early noise if it triggers. Stops also possible just under the close on Wednesday or the 1st 30 minute low of Thursday. Avoid all shorts and all big gaps. The low on Wednesday is too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Low volume on the rise, a fair sign for new buys. Exiting below 1.50 on fails after trigger entering might be prudent. Early r/g? Clearly holding 1.50 will be the key to success.
VQ
Bullish Engulfing. I like this long over the high (11.01) of Wednesday. Low volume on the rise, which is a decent 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 Thursday. More conservatively a stop placed under Wednesday's close, too. The low on that day is arguably not too far away to use for risk management via stops. Ideally stays above 10.75 on pull backs to remain viable as a long if it triggers. No big gaps/shorts.
STEM
Bearish Engulfing. I like it short below the low (1.05) of Wednesday. Modest volume on the drop, which is a fair sign for new sellers. Keep flat on real strength aside from a typical green to red move, etc. Stops just above the high last time or the initial 30 minute one on Thursday. More conservatively a stop placed above Wednesday's close, too. The high on that day is not too far away to use for risk control via stops. Ideally keeps under 1.10ish on any pull ups to remain viable as a short. Avoid all big gaps/longs. No A/H quote.
ECYT
Modest float and possible continuation/BO above 6/holds. Or on spiking up at or near the bell. Or on consistent moves above the open after the noise candle. Conservative entries over 6.27ish. No shorts. Keep flat on real weak price action. Possible early r/g long. No big gaps. Up a tad A/H, ovarian cancer catalyst.
AVII
I like this long above 1.35/holds. Continuation play. Also long on spiking up at or near the gun as a scalp. No shorts or big gaps. If it gaps over the trigger let it test/hold/perk 1st before entering. No AH quote. An early red to green long is possible. Big buy volume Wednesday, a poor sign. Also long on consistent moves above the opening price level after the noise candle. Stops under 1.23 might do the trick. Stay out on real weakness.
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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 2.12) and holds. Avoid shorts/big gaps keep flat on true weakness. Volume strong Wednesday, a poor sign for new buys. Needs to keep above the Wednesday close or at least over 2 on pull backs to remain viable as a long, aside from any early noise.
LPX
Red floater scan return. Idea is to play for more down side on day 2. Ended down about 1.5% on Wednesday via a gap up that closed below the open after 2 up days. Stops just above 9.60-70 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. Medium sell volume on Wednesday which means it may have average chances for shorts. Avoid all big gaps, especially large gap downs. No buys. 9.50 fail ideal.
KV.A
B/O scan. I like it long back over 1.55 and holds. Ideal to stay over that on tests aside from early noise if it triggers. Stops also possible just under the close on Wednesday or the 1st 30 minute low of Thursday. Avoid all shorts and all big gaps. The low on Wednesday is too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Low volume on the rise, a fair sign for new buys. Exiting below 1.50 on fails after trigger entering might be prudent. Early r/g? Clearly holding 1.50 will be the key to success.
VQ
Bullish Engulfing. I like this long over the high (11.01) of Wednesday. Low volume on the rise, which is a decent 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 Thursday. More conservatively a stop placed under Wednesday's close, too. The low on that day is arguably not too far away to use for risk management via stops. Ideally stays above 10.75 on pull backs to remain viable as a long if it triggers. No big gaps/shorts.
STEM
Bearish Engulfing. I like it short below the low (1.05) of Wednesday. Modest volume on the drop, which is a fair sign for new sellers. Keep flat on real strength aside from a typical green to red move, etc. Stops just above the high last time or the initial 30 minute one on Thursday. More conservatively a stop placed above Wednesday's close, too. The high on that day is not too far away to use for risk control via stops. Ideally keeps under 1.10ish on any pull ups to remain viable as a short. Avoid all big gaps/longs. No A/H quote.
ECYT
Modest float and possible continuation/BO above 6/holds. Or on spiking up at or near the bell. Or on consistent moves above the open after the noise candle. Conservative entries over 6.27ish. No shorts. Keep flat on real weak price action. Possible early r/g long. No big gaps. Up a tad A/H, ovarian cancer catalyst.
AVII
I like this long above 1.35/holds. Continuation play. Also long on spiking up at or near the gun as a scalp. No shorts or big gaps. If it gaps over the trigger let it test/hold/perk 1st before entering. No AH quote. An early red to green long is possible. Big buy volume Wednesday, a poor sign. Also long on consistent moves above the opening price level after the noise candle. Stops under 1.23 might do the trick. Stay out on real weakness.
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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